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COVID-19 housing market graphic with a neighborhood aerial, market chart, and coronavirus illustration.

Long-term COVID-19 housing market outlook graphic over an aerial neighborhood, branded Rogina Group and Coldwell Banker Global Luxury.

Short-term COVID-19 real estate outlook predicts buyers may return as conditions improve and interest rates remain low.

For buyers: less competition and great rates create opportunity. Rogina Group describes a home with multiple offers over its closing price.

Seller-focused real estate graphic over an aerial neighborhood, discussing pent-up buyer demand and low inventory.

To conclude...

We are here to help and want to provide you with the boots on the ground information we are seeing. We closed 3 escrows in the last two weeks which show escrow and title services are still operational. We also just opened an escrow this morning and that home had 3 competing offers, showing the buyer demand is still out there. We feel that as soon as we get some positive news that we have turned the corner, we will see an influx of pent up buyers ready to go after the limited inventory and get the housing market back on track.

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