Coronavirus is Changing Homebuying

Home sellers are canceling open houses. Lenders are extending the time it takes to close a deal. Realtors are skipping the live walkthrough, giving video tours instead.

From going to the office to dining out, there’s virtually no aspect of American life untouched by the coronavirus, and that now includes buying and selling a home.

A brisk housing market is expected to cool a bit as fallout from the virus, including layoffs and statewide mandates that most residents stay home, prevents some people from going through with a purchase.

But for those continuing their housing search or in the midst of a sale, the coronavirus is upending the hunt for a home.

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