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Yikes! New housing data is IN and it’s not super exciting! We have a massive shift occurring in sales volume, which is obvious, but it’s starting to affect the “moving average” of real estate pricing. I’m updating this information every 2 weeks. Just so you know, I’m collecting real estate data and tracking the changes or inflections is extremely important in determining the impact of the outbreak on real estate pricing. The real estate sales data for residential real estate is worst in the hardest hit areas of the outbreak, which makes sense, but LA and Orange county are particularly hard hit – though they went into this crisis with a lot of strength.

Want to help with data? Email me median price statistics for March and April 1-April 16 in your area.

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❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them — DO NOT make buying or selling decisions based on Kevin’s videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use or license only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575. This is not an advertisement of property for sale. Any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.

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