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The 2020 Spring Real Estate Market and the Stimulus Law
Historically, spring has been the busiest buying season in the real estate market. There are always factors that impact the market in spring, but the effects aren’t usually big enough to change this fact.
Because of the current situation in the world, things will likely be different this spring. As a result of the coronavirus outbreak, people are trying to stay isolated and not go outside. This is in order to protect themselves and others. Companies have started working remotely and reducing working hours.  So, it’s not only the real estate market that has been affected. The world seems to be slowing down, at least for a certain time. 
But, spring has sprung and there are always the solutions that can be found. 
What Should We Expect?The Stimulus LawDuring the past several days many people have put their work on pause.
To respond to the current situation, Congress passed a $2 trillion economic relief package. As the largest in U.S. history, the package is designed to improve the economic situation in the country and help businesses.  The National Association of Realtors has called the effort  “seismic and definitive action.”
The package provides $350 billion for the small businesses under a new  loan program. Businesses with fewer than 500 employees ... more

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