Eugenia Foxworth, Realtor, Foxworth Realty
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How COVID-19 has impacted real estate and the housing market: - Buyers were coming out, emailing and requesting to see apartments and homes prior to the coronavirus. It is a buyer's market and many properties were on the market. Sellers were reducing the prices as well.
- Because many of our clients work until 5:00 p.m. we had begun showing in the evenings. We had quite a few people also requesting to view the properties.
- We are doing virtual tours. We had stopped doing open houses and only by appointment before NYS told us to "shut down". But we were doing as follows:
- We had sanitizers in the property and booties to cover shoes. Most buildings had sanitizers, Lysol etc in the lobby
- An occasional email from agents asking if a property is still available, as well as Zillow, Streeteasy or Realtor.com inquiry has been received. However, we have not had requests for an appointment.
- Management Companies are closed. I have emailed and texted one of the largest companies to ask about sending Board Packages and I have not received a response.
- I have received emails and eblasts announcing new listings – so things are active.
- There have been more calls from investors to make Offers sight unseen
- The coops, and condo market is quiet.
- People have called me about renting houses short term for three or four months in the outer boroughs, the Hamptons and upstate New York.
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