Are we considered an essential service?

[Meandering]

So you're now accusing me of lying in appraisal reports or advocating other appraisers to lie in appraisal reports? Why are you doing that?

I accuse myself of missing out on a class.

.

 

[ucbruin]

New Jersey Announces 90-Day Mortgage Payment Grace Period

Adjust those comps.

For what reason(s)???

 

[Meandering]

For what reason(s)???

Favorable financing.

 

[Meandering]

Governor Gavin Newsom Issues Stay at Home Order
Published: Mar 19, 2020

SACRAMENTO – Today, Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish consistency across the state in order to slow the spread of COVID-19.

But six months earlier, buyers could roam free.

The governor did not say, stay home unless you want to buy a piece of real estate.



The market was closed on March 19, 2020 in California, no matter how old the comps are.

Governor Gavin Newsom Issues Stay at Home Order | Governor of California

SACRAMENTO – Today, Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish consistency across the state in order to slow the spread…

www.gov.ca.gov

 

[ucbruin]

Favorable financing.

Isn't your example after the fact/sale?

 

[George Hatch]

Governor Gavin Newsom Issues Stay at Home Order
Published: Mar 19, 2020

SACRAMENTO – Today, Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish consistency across the state in order to slow the spread of COVID-19.

But six months earlier, buyers could roam free.

The governor did not say, stay home unless you want to buy a piece of real estate.



The market was closed on March 19, 2020 in California, no matter how old the comps are.

Governor Gavin Newsom Issues Stay at Home Order | Governor of California

SACRAMENTO – Today, Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish consistency across the state in order to slow the spread…

www.gov.ca.gov

And yet, since 03/20/2020

292 residential properties went into contract in Los Angeles County
72 residential properties went into contract in Orange County
302 residential properties went into contract in Riverside County
151 residential properties went into contract in San Bernardino County
387 residential properties went into contract in San Diego County

I'm sure those numbers are in decline, but the factual data directly contradicts your talking point about the market being closed and no deals being made.

Here's the pro-tip: your conclusions are supposed to occur *after* your analysis of the data, not in lieu of it.

 

[djd09]

"According to a flash survey on March 16 and 17 by the National Association of Realtors, Realtors across the country are canceling their open houses and half of all agents reported a drop in buyer interest. That percentage tripled in just a week. Today that percentage is almost certainly much higher.
The survey polled a random sample of 72,734 members on March 16 and 17. For 96% of respondents, the majority of their business is residential. Seventy-seven percent of respondents are in a state that has declared a state of emergency. Fifty-six percent of members work in a local market where there are presumed or confirmed cases of COVID-19."

‘People do not buy when they are fearful’

'Listing Impossible' star Aaron Kirman says coronavirus could devastate the real estate market

Real estate is the latest sector to fall victim to the coronavirus pandemic, leaving Realtors scrambling to cancel open houses. People looking to buy or sell a home will face uncertainty and long waits.

www.cnbc.com

they said the titanic wouldn't sink.

now will be a real test for fannie and friends.

 

[George Hatch]

Two things can be true at the same time.

We may be headed for a cessation of all or almost all sales activity

And

We may not be there quite yet

These are not contradictory possibilities.

 

[andrew81]

the cat is both dead and alive. we wont know until we open the box

 

[Meandering]

And yet, since 03/20/2020

292 residential properties went into contract in Los Angeles County
72 residential properties went into contract in Orange County
302 residential properties went into contract in Riverside County
151 residential properties went into contract in San Bernardino County
387 residential properties went into contract in San Diego County

I'm sure those numbers are in decline, but the factual data directly contradicts your talking point about the market being closed and no deals being made.

Here's the pro-tip: your conclusions are supposed to occur *after* your analysis of the data, not in lieu of it.

Zillow suspends home buying due to COVID-19 - TechCrunch
https://techcrunch.com/2020/03/23/zillow-suspends-home-buying-due-to-covid-19/
5 days ago Zillow said Monday it will temporarily stop buying homes in all 24 markets where it operates in response to public health orders related to the COVID-19 pandemic, the latest real estate startup to ...



Competition
Competition
Competition.

Can you still buy, sell a house in California amid COVID ...
https://www.sacbee.com/news/coronavirus/article241418666.html
In an unprecedented move, California's main real estate sales association has called on agents not to hold open houses, not to enter homes and not even meet face to face with clients for fear of ...

California Bureau of Real Estate
https://dre.ca.gov
BUSINESS, CONSUMER SERVICES AND HOUSING AGENCY • GOVERNOR GAVIN NEWSOM1 COVID-19 FAQs for Licensing Processes and Business Practices Updated: March 26, 2020
Business Practices
Coming soon



Sure but buyers are navigating it all in an open and competitive market.