South Florida Home Sales Plummet In April

South Florida Home Sales Plummet In April By 36%+. Experts Blame COVID-19 Pandemic And Mass Unemployment 

South Florida Home Sales
South Florida real estate agents have seen their commissions evaporate in April as home sales plummet.

Bad News South Florida! South Florida home sales have plummetted across the board in April. This is also bad news for real estate agents who have seen their commissions literally disappear.

Real estate experts say it is due to the region being under a shelter-in-place order. Governor DeSantis’ executive order canceled or put on hold a huge number of sales.

Condo sales in Miami-Dade County were also impacted. Miami-Dade condo sales were hit with a 48% drop compared to April 2019. Overall, condo sales performed worse than single-family home sales. 

Berkshire Hathaway HomeServices EWM Realty CEO Ron Shuffield gave his prediction to the Real Deal in March:

April is going to be a month people are not going to like.

Read More At MFI-Miami

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