Responding to the virus attack in Corona

TO THE VIRUS ATTACK IN CORONA RESPONDING Some of the inland empire counties are reported to be running out time to change the projected spread of the coronavirus that could end up infecting more than 65,000 people and hospitalize 11,000 and kill more than 1,000 by early to mid-may. This is a warning that the public health officials in the Riverside county gave on April 3, as they urged people to stay at home to help curb the spread of the virus. Even though there has been progress in fighting the virus, doctors say that it is not enough to change the frightening projections that could end up overpowering the county’s 17 acute care hospitals. David C. Trubey

“To those who continue to work who are non-essential, who gather at churches, at home, at parks – please stop, we beg you,” said Dr. Mike Mesisca, medical director for the county hospital’s emergency medicine department. “Small decisions, though they seem, will lead to deaths by the hundreds and thousands – perhaps 2,000 or more in this county alone.”

While the cases of the COVID-19 being reported in California are dropping, the same cannot be said of counties in the Inland Empire

such as Riverside county. The number of infected people in the county continues to rise exponentially even though the doctors in the county have very little time to turn the situation around and prevent an impending surge.

Impact on Real Estate As of March 2020, 2,596 homes closed sale, and although the market is flux as a result of the virus, buyers and sellers in Counties of Corona and Riverside are still successfully closing real estate deals. These transactions are being facilitated by digital tools and systems. Nevertheless, during this years’ spring season, fewer homes will emerge unscathed, but even fewer homes in the county are not in a position to weather the crisis.

This is according to a report by Attom Data Solutions that analyzed the country’s 50 most vulnerable housing market as a result of the coronavirus. Unfortunately, counties in the Inland empire ranked among the first most unstable markets nationwide. Riversi

de came in third in the list. The Attom Data Rankings are based on affordability, the number of foreclosure letters sent before the coronavirus, and the number of people owning homes worth less than their mortgage. Ridiculously, for a resident in a place like Riverside and Corona, CA buying a home and maintaining a mortgage would cost him about 61% of the annual income. Nearly 10 percent of the homes are worth less than their mortgages, and the foreclosure notices were sent for around 1 percent of the homes.

The situation with the coronavirus is likely to continue, and the worst thing is that it is uncertain when things will cool. Investors all over the country are worried, but even more, are the stakeholders in the real estate industry. Remember, this is the season where we have the most real estate transactions in the year, but with the pandemic, most activities in the real estate industry are disrupted. While that may be true, real estate agents in multiple places are doing business as usual, thanks to the power of technology.

Buyers are still buying, and sellers are still selling. Supposing that you are looking to buy in Corona county, CA, you have come to the right place. The Power Is Now has a network of VIP Agents all over the country, find out more about the VIP Agents here. Given the nature of the pandemic, buying a home today is not the same as before, you want an agent you can trust to help you navigate the industry. We know what you are looking for. Talk to David Trubey, a licensed realtor in the Inland Empire operating mainly in Corona. If you are looking for an agent to help you buy or sell, you can stop looking now and call David. He is a professional and very honest with his clients and everyone he works with. Find out more about David here.

https://therealdeal.com/ la/2020/04/07/inland-empire-housing-market-is-socals-worst-positioned-to-weather-pandemic-falloutreport/ https://www.firstteam.com/riversidecounty-real-estate-market-update/ https://www.kvcrnews.org/post/sbcounty-face-covering-clarification?fbc lid=IwAR1TOR9UxDH30X8doHGDYu1kP qyeQldB4LDsJ1nee7SqdnlPIFAp79tMd YE#stream/0