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Thursday, November 5, 2020

WHAT NEXT?

As we post this, the presidential election is undecided.  It maybe that way for several days as mail-in ballots are counted. “With the coronavirus now surging anew, voters ranked the pandemic and the economy as top concerns in the race between Trump and Biden, according to AP VoteCast, a national survey of the electorate.”*

Both issues have had and will continue to have a significant impact on the Real Estate market:

·       The coronavirus lockdown in mid-March affected our ability to do business for many weeks.  And to this day, many activities are curtailed by necessary, but cumbersome, guidelines and restrictions that affect every property showing and transaction.

·       The slowdown of the economy, due to the restrictions to control the spread of the virus, has affected jobs, businesses, schools and places of worship. We all have had to curtail our social activities. 

We can only hope and pray that whoever wins this election, will focus on getting the coronavirus under control so that a second wave does not cause another lockdown, and that Americans, and people all over the world, can return to a normal life, albeit a “new-normal.” 

For now, let us all be diligent in protecting ourselves, our families, our friends and co-workers.  Wear your masks, be mindful of staying socially distant, wash your hands, sanitize home and workplace, and avoid large gatherings, until this dreadful virus is squashed and gone forever!!!! 

*Source: Newsday, The Associated Press, updated November 4, 2020 4:43 AM



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