What Effect Will COVID-19 and the Stay-At-Home Order Have on the Real Estate Market?
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The sale was moving along smoothly for Redondo Beach-based land agent App Design Companies, mobile game apps developmentand her client earlier this month until the COVID-19 pandemic and stay-at-home orders hit. a few of weeks into escrow, the customer dropped out and Martini scrambled to seek out a replacement.
“It was due to the coronavirus and therefore the fear and instability of
what’s to return ,” said Martini, a Movoto agent. “The buyer backed out due
to job instability. With the stock exchange tanking and thousands of
layoffs, most are quite afraid to form the move.”