etc.I think when people are saying that the real estate market is not affected by the virus they are meaning that downward pressure on prices and rents tend to lag behind the general market economy and so number changes would take some time to show up but you rightly point out that the buying and selling behaviour has been impacted by the social restrictions and this is very new so I agree that there is an impact albeit temporary.To respond directly to your concerns about extending - I wrote an offer yesterday and we included a hot off the press COVID-19 Addendum to the contract to mitigate the buyer's exposure if delays resulting from the disruptions caused deadlines to be missed - the traditional Purchase Contract in FL at least has a Force Majeure contingency in it but COVID-19 is not considered a Force Majeure event so you may need to consult with your agent/Attorney about how to get an extension.

With that, you'd think that even something as disruptive as the COVID-19 crisis would not negatively impact our residents' ability to pay rent.

This is not a permanent disruption of real estate. 

For folks here, any thoughts on how the multi-family market coming to terms with the recent Coronavirus disruption?

@David LiI just closed on two properties in Utah this week, if the numbers make sense, after a short term disruption they’ll make sense again.

Here's the first post, admittedly written quickly: - SBA guaranteed- Renters or owners can request loans- For people who are affected by C19 virus and consequent economic disruption: - Needs a standardized and easy loan process; RENTERS: people bring in their credit rating, proof of rental payments, notice of layoffs or decreased income from job

I can get this extended but who knows how long COVID-19 is going to disrupt our lives and who knows where the market will be after we are back "normal" and lots of lost their jobs so certainly want to do everything to not allow this to sit.  

But a less disruptive approach might be to gradually increase rents over 2+ years to try and maintain occupancy AND rents.Good luck!

There is massive investment ($15 BN in 2019) and interest in the "proptech" space. For example, Redfin, Opendoor, and Homie are taking on the traditional real estate sales model. 
Here's my question: are you all awar...

Further, most are working from home, which is disruptive and slowing things down.Thank you for your insights!