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Coronavirus May Claim Another Victim, the U.S. Housing Market

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    The upcoming spring home-selling season was headed for one of it’s best in years until the coronavirus appeared, prompting Moody’s to predict that the economy has a 60% chance of falling into a recession. Despite record-low mortgage interest rates, fear of the virus has delayed some listings while many potential buyers hunker down on the sidelines. 

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    Posted by Jeff Mindham
    Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.