Currently Reading

Homebuying in the Age of the Coronavirus


Homebuying in the Age of the Coronavirus

April 9, 2020
house aerial shot
By pics721

Overall, the coronavirus’ impact on the housing market could be summed up in two words: disruptive and disappointing. From a turn toward digital tools to a dip in buyer activity, similar themes are popping up in housing markets across the country. But the virus is not affecting all housing markets exactly the same, and the real picture is more complicated than looking at national numbers alone. Find out how top cities such as Los Angeles, Boston, and New York City are faring as they navigate shelter-at-home orders and different timelines for the pandemic’s peak. 

The novel coronavirus pandemic has resulted in a seismic shift in daily life across the U.S. But even faced with stay-at-home orders, some of which may last for months, Americans are still looking for, buying, and moving to new places.

For some, the pandemic interrupted a planned homebuying search, while others who didn’t expect to be in the market for a new home are now moving because they’ve lost a job or need to care for a family member who lives elsewhere.

Buying a home right now is made more daunting by a volatile stock market, historic unemployment, and fears of a widespread recession. Buyers who were hoping to enter the market this spring—traditionally the busiest season—are wondering what homebuying will look like later in the month, as spring turns to summer, or even in the next year. Factor in the logistics of making the biggest purchase of your life while maintaining strict social-distancing practices, and the process seems downright impossible.

Read More


Related Stories


Will Construction Workers Be Considered for Early Vaccine Distribution?

Essential workers are potentially second in line for COVID-19 vaccines, says the Centers for Disease Control and Prevention. Healthcare workers…


Home Appliance Manufacturers Focus on Hygienic Features

Samsung’s senior vice president says all of the company’s product development is now being done “through the lens of hygiene” as the pandemic…

Market Data + Trends

Lake Living Leads in Vacation Home Purchases During the Pandemic

Waterfront living has been divided into two categories: oceanfront or lakefront living. Homes on the ocean have typically been the most popular…


More in Category


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.