Real Estate News
(WorldNews Business)

Carolina One Scarafile According to Michael Scarafile, President of Carolina One, “Given the Coronavirus related restrictions, new contracts for the purchase and sale of real estate dropped starting in mid-March and continuing into April.” Scarafile reports that as shutdowns reached their highest level, declines reached lows of down 35 percent by mid-April on a year over year basis. “However, as restrictions eased and mortgage rates hit record lows, the market regained its footing and turned positive in early May, starting a historic run,” he added. From the second week of...