Friday, April 10, 2020

Steady as she goes, Captain

Throughout all the doom and gloom COVID 19 this and that, the local real estate market chugs along. Volume is way down but it is down on both sides of the market, supply is down and demand is down and it seems in a nearly equal fashion.

Prices are holding steady and the market will survive this providing we can get back to work in May. I am holding out hope that the Governor here in Washington State will hold the line at the current "stay home" mandate till May 4th and then relax things so people can return to some sense of normality as well as normal income flow.

Everything set on the shoulders of america's governors and the Feds as they decide whether to extend the "crisis" or put us back to work. Stay tuned America, this is big.

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