I'm making more aggressive priced offers, giving more time on inspections, and making some other operational changes to adapt to selling homes during a pandemic, but that's different than expecting wide spread crashing of prices as a whole.

The US has gone through tremendous turmoil so far this year, with a response to COVID-19 that included unprecedented widespread government-mandated economic shutdowns, followed by a combination of legitimate protests, riots, and looting.

The US has gone through tremendous turmoil so far this year, with a response to COVID-19 that included unprecedented widespread government-mandated economic shutdowns, followed by a combination of powerful protests, riots, and looting.

In 50 years, no one's going to remember how widespread eviction moratoriums screwed us in the time of coronavirus.There's also another issue that none of the precious metal people ever talk about.

I'm glad to hear is not a widespread thing. 

"Jumbo" loans are ridiculously hard to qualify for now, relative to just 3 months ago (Mortgage Credit Availability Index has seen a 60% drop in "jumbo" loan availability, VERY rapid), and widespread availability of "jumbo" loans (with sane/reasonable underwriting criteria) is needed to support those $1m+ SFR price points.Price points that are Fannie Mae non-jumbo price points will be the least impacted, if at all.

If we have high unemployment that will dampen buyer demand. 40% of the job losses have been in the restaurant & service sector which has it can be difficult to make enough money to purchase a home in LA.Until Supply and Demand tips for a long period of time, I would start expecting wide spread price declines.

I think the effect seen will totally depend on the local market, there isn't widespread systemic issues with underwriting mortgages like there was in 2009+, so I suspect this one will be much more "local." 

The wide spread riots will continue to drive quality tenants to the suburbs.

The US dollar is losing value, we are going through a pandemic and people like Ray Dalio are predicting that we will see widespread deflation in the near future.