NY Real Estate Market Update - Coronavirus

Hi Everyone,

Hope you are all well and safe. I just wanted to update my clients and customers on the current situation regarding the real estate market here in New York.

New York Real Estate Market Update:

As you may have noticed homes are still being listed on the MLS despite the fact that they cannot be shown by any real estate agent... as ordered by the State. Some owners just want them to be out there for people to view them virtually. And other sellers have their homes removed temporarily from the market.

Closings are still happening for home sales that have been pending but almost all of them are done virtually. It mostly depends on the bank and the support professionals such as title companies, attorneys, and notaries. I expect things to change along the way as we get updates and policy changes from the State and our associations.

I will keep you updated as to such changes. Hopefully this pandemic will end sooner than predicted.

Enjoy your families, and again, stay safe and well.

All the best,

Phyllis

POSTED BY Phyllis Lerner

Broker / Owner / William Raveis Legends Realty Group

Westchester County NY - Real Estate Listings, Sales, Rentals & Services

914-438-7556

Voted 2010 through 2019 FIVE STAR Real Estate Agent by Westchester Magazine

(Disclaimer: Any and all grammar, punctuation and spelling mistakes located within my blogs, web sites and any other content, are purely for your amusement and entertainment.)