Coronavirus creates homebuyers’ opportunity, even as some Valley builders close sales offices

(Disclosure: Rose Law Group represents Fulton Homes.)

By Angela Gonzales | Phoenix Business Journal

The coronavirus pandemic is causing some homebuilders to close their sales offices in the Valley at a time when low mortgage interest rates are creating a window for homebuyers.

Given the current COVID-19 pandemic, Scottsdale-based Taylor Morrison Home Corp. (NYSE: TMHC) has closed its sales offices, but will conduct business and schedule model home tours by appointment only until further notice.

Los Angeles-based KB Home (NYSE: KBH) also has temporarily closed its sales centers, model homes and design studios across the country, including in Arizona. Instead, the company is offering virtual tours and assistance by phone and email.

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