Ongoing Pandemic Situation May Have Some Stabilization?

As the pandemic flows through countries causing devastation, global data as of today also indicates over 72,000 have recovered from the corona virus, see  Arcgis link below.

As a followup to yesterday's post about the market, and some corona virus impacts, here is another segment of that same prediction, from California Association of Realtors:

Situation in China Beginning to Stabilize—Hope for Foreign Demand: The number of new Coronavirus cases has begun to fall in China and although the toll has been devastating, there are rising hopes that they may be getting the outbreak under control at last. This will take time to materialize in the housing market, and as we noted last week, international demand has fallen to cycle-lows in California, but this should help prevent a larger decline in demand from foreign buyers.

For those interested in the global picture, follow this link to the Arcgis global database, where on a postive note, the total global recovered case numbers are also shown in the far right column.      https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6 

And, if you are interested in finding out how to place your home on the market at this time, I can go over the details of the current market issues with you. 

Julia Huntsman, REALTOR, Broker | www.juliahuntsman.com | 562-896-2609 | California Lic. #01188996