The coronavirus spreads rapidly throughout New York, Real Estate market has already shown early signs of deterioration.
The market started the year off relatively strong in 2020 showed increased sales activity in the residential market when compared with last year.
However, since the pandemic last week only 90 contracts were signed. While that number has a lot of people in the Real Estate market on edge, it seems the orders by the state and federal government to shelter in place is working.
Most say this is the calm before the storm.