FOX 29's Joyce Evans talks to South Jersey realtors about the slowing house markets due to social distancing and COVID-19. MARLTON, N.J. - The housing market has started to feel the effects of the coronavirus, with buyers fearful of the economic climate and sellers weary of welcoming outsiders into their homes. “What we’re seeing is more of the buyers that are out there now showing us the signs of set back,” south Jersey real estate agent Val Nunnenkamp said.
Nunnenkamp, a 37 year real estate veteran, has never seen anything like this before. He says it has become commonplace for buyers to suspend their housing search until the health crisis is over.