Real Estate Market News for May 2020

Leslie Lerner Properties

May News You Can Use

Housing Stats • Property Tax Deadline • Memorial Day Sales Tax Holiday


Just like that a strong Q1 encounters a bump in the road…  Although real estate is considered essential business, the stay-at-home order and fear resulted in reduced sales of all property types in every price range.  Prior to April, home sales were outpacing 2019’s volume. Year-to-date sales are still 1.4 percent ahead of last year’s level. Hopefully, as we start acclimating to a “new normal” and getting back to work, the real estate market will bounce back and we will end the year on a positive note.

About the author

Leslie Lerner Properties understands that buyers and sellers are tired of having to account for high commission rates when budgeting for their home sale and/or purchase. That is why we have put our clients first by implementing flat fee listings and rebated real estate commissions. Our innovative approach to real estate commissions maximizes your return on investment. Why reduce the equity in your home with high commission rates? Leslie Lerner Properties is The Home of Flat-Fee Listings and Rebated Commissions.