In just this short amount of time since the Corona Virus has affected our day-to-day lives in the U.S., I've noticed a considerable amount of negative chatter from other Realtors.

Very proactive........I did read one report by a doctor who said the virus is not likely to be spread by mail or cardboard packages.

I'm going to ride this virus out right here in my home in Austin.

I am getting calls from tenants almost every day wanting to know what provisions we are making regarding the Corona Virus crisis.The Corona Virus is real both in its potential impact on our health, and also its certain impact on our economy.

As mentioned, while the Corona Virus is the primary news with a lot of unknowns around it, service sector workers will be effected, but I think it will bounce back once people are free to leave their houses, and actually booming for a few weeks after lockdowns are relaxed.  

I feel that this will take the negative situation of the COVID-19 virus and turn it in to a positive.That is my game plan! 

Sellers think this is a temporary knee jerk reaction to a short term (hopefully) virus but their property they are selling is still solid at current agreed to price.

Scott Gottlieb, former head of the FDA, to companies in the NYSE.US will soon have massive testing capacityConfirmed cases will grow exponentially now that testing is finally getting rolled outDon't be surprised to see 1000 confirmed cases in a dayBy the end of April to early May, it will start to plateau (depending on containment behaviors that we are currently living)Schools will be closed for this school yearThe summer heat in the northern hemisphere will help to contain the spread, although it will continue to existEvery reason to believe that the southern hemisphere will experience rapid spread as the weather cools (expect continued travel restrictions)The risk posture will improve in the Fall with the following:Point of care diagnostic (local swab testing everywhere - will allow early detection)Therapeutic antiviral drugs will be available (not a vaccine)Monthly injections of an antibody will be available (not sure what this is), particularly for medical workers and members of nursing homesThe testing capabilities that are getting put in place will provide a massive surveillance system to provide early detection until a vaccine is in placeAll of this will make the virus more manageable until we have a vaccineThe virus is very contagious (more than the flu)10x more deadly than the fluEven without death, the hospitalization rate (15%) and critical care rate (5%) are extremely high (we don't have medical capacity without containment)Mortality rate:1% overall4% ages 60-7010% ages 70-8014% ages >801 in 250 to 1 in 550 for some his age (47) - said "that's enormous"He recommended that his parents stay home for a couple of monthsHe also felt that masks should be produced and mandatedThese bullets are subject to my note taking and I am certainly not qualified in this area.

Our market here still has a shortage of available houses for sale, so I feel the values will maintain after the virus is contained.

If someone is sick and caught the virus and they need help you can decide.