I’m a realtor and I don’t think we are being told the truth. I haven’t heard anything about the number of homeowners who didn’t make their mortagage payments for May.Lots of listings have stepped back because of the virus. The companies, Keller Williams and others, are blowing smoke up agent’s skorts. They are trying to make everyone think that it’s all going to be fine soon. They know that real estate is going to crater. There are still a few houses that will sell before loans are unavailable and everyone will be squaters. And that is my least worst senario.
My wife studied for her real estate license when we lived in another state. My question was rhetorical, just wanted to see who would tell the truth...and who wouldn't. You told the truth. Quite a few on her did not. People mark themselves for lying and never realize it. There is no way in hell the real estate market is going to hold up with what is going on, but almost no media is reporting anything about it. The worst corruption I have EVER seen in my life (and I promise you I've seen a LOT) comes from the real estate industry. Autos are second. Thanks for your honesty.