Even after a full quarter of sales data in the middle of the pandemic, it is difficult to define the form of a possible recovery. More than 90 percent of second-quarter sales were actually signed before the virus hit New York in March, said Bess Freedman, managing director of brokerage firm Brown Harris Stevens.
“A lot will depend on what happens with schools at the end of the summer,” said Freedman, as few potential buyers with children who have left town to escape the pandemic will choose to return if virtual classes continue.
- Rationing Has Already Started In Europe As The Entire Globe Plunges Into A Horrific Economic Nightmare
- ‘Highly comical but sinister’ London LGBTQ+ flag display
- Black Privilege is Real in America
- Biden Tells NATO That the US Supreme Court is Destabilizing the World
- Things are going down in the Netherlands.
- SHTF is Here: Video Shows Detroit police officers show them fleeing shooting scene
- American Hypersonic Missile Test Fails Miserably
- Heartaches On Heartaches! US Court Ruling May Take 70,000 Truckers Off Road, Spur Jams (Diesel Prices UP 118% Under Biden, Things Just Keep Getting Worse)
- 4th of July Reminder: What the ‘Liberal World Order’ Means in Practice for all Countries Under Its Thrall.
- A Quick Word on EVs and Oil Prices