AZ Business Magazine | AZBigMedia
In an economy hit hard by the COVID-19 pandemic, impacts to the housing market aren’t cut-and-dried. Demand for homes appeared to drop along with sales in March, but home prices have risen. So, should you buy or sell a house during the pandemic?
What does this mean for the average homebuyer or seller?
Gary Pivo, a professor of real estate development and urban planning in the College of Architecture, Planning and Landscape Architecture, is a widely cited expert on responsible property investing and sustainable urbanization.
Pivo talked to UANews about how COVID-19 might impact the number of homes for sale and sale prices, and whether the pandemic will encourage people to move to less dense areas. He also offered advice for those interested in buying or selling now.
