Fierce Competition for Buyers in Local Real Estate Market Amid Coronavirus Pandemic

Unlike other industries, the coronavirus pandemic has not brought the local real estate market to a halt. In fact, it’s just the opposite; many people are still house hunting, and they’re finding prices continuing to rise. “It’s demoralizing,” said Danielle Festino of Wakefield. “You’re seeing these places go for way over asking.” Festino says from a buyer’s perspective, real estate…