Coronavirus takes steam out of home buying season but sales, prices should rebound

Home sales will likely plunge this spring in the wake of the coronavirus pandemic, but bounce back by the end of next year, according to a new forecast from real estate search site Zillow.Sales will likely plummet by up to 60%, as stay-at-home mandates and overall worries about the economy take the steam out of what was previously expected to be a robust spring home-buying season, according to Zillow’s economists and analysts.But prices will likely experience […]