Impact of Covid-19 on the real estate market in California
The pandemic caused by COVID-19 has become one of the most impactful global crises in recent decades. The future has become an uncertain challenge, in which all sectors handle uncertainty scenarios. The real estate sector in California is no stranger to the effects of this crisis and it is one of the industries that are being most impacted by the economic situation, uncertainty and social distancing schemes proposed by governments. The current pandemic could change the way people live and work.
Impact on the residential real estate market
The outbreak of the covid-19 pandemic has had a direct impact on the real estate sector and with consequences that time will still have to dictate how far they go. The declaration of a state of alarm in California has caused the almost complete suspen...