Number Talk: Update from CA Realtors

California Association of Realtors 2020 President Jeanne Radsick recently addressed the impacts of the public health crisis on the real estate market:

As expected, California home sales experienced the worst month-to-month sales decline in more than four decades as the coronavirus pandemic kept both buyers and sellers on the sidelines. While some economic activity will resume as the state gradually reopens, the housing market is expected to remain sluggish for the next couple of months.