Daytona Beach Shores condo market in time of coronavirus, this is something unusual in a real estate blog, but this is something unusual in our lives, too. Something, ehich never happened before. Something which is affecting our lives today and, probably, will be affecting it tomorrow.
I have been writing blogs for quite a few years now, and this is the first time when you can’t simply compare the market to previous years. Of course, every year brings something new, something unexpected, yet this time this unexpected would be remembered for a very long time. The market may go down, it may go up, but there is one thing that makes it very different from any market I have watched in the last 20 years, and it is Coronavirus.
There is no questions that it affects the market. It, actually, affects everything. We do not know how long we will be under the pandemic, we do not know how we would react once it is over, if this ever happens. We do not know how we would react when the vaccine comes out and proves effective, or the treatment that could ease the course of the disease, that could eliminate deaths from the virus.
Will people start feeling safe and secure, will they go wild as if there is no tomorrow? Will our values change? After all, this is a life changing experience. Or would the general public be buying our Daytona condos so that have their elders leave big cities and stay in safer places?
We do not know it. It is still too early to predict. All we know that life as it used to be, is changing now and this change may be very deep and may affect everything.
What we know is that life has not stopped and will not stop. That people will continue their search for properties, move to different places, go to colleges, and generally go places, we just do not know the pace, the scale and the intensity of the process.
Maybe the numbers would have been different, may be not. For now, it is what it is.
