Although the stock market has been volatile for weeks and unemployment has continued to rise, home prices have been seemingly unaffected. Source: Inman News
Posts published in “NAR chief economist Lawrence Yun”
According to NAR’s Pending Homes Sales Index, pending home sales increased 2.4 percent in February. Source: Inman News
One week ago, only 16 percent of Realtors reported a decrease in homebuyers as a result of COVID-19. Source: Inman News
The administration did not make clear how borrowers might catch up on payments in the future, however. Source: Inman News