Rich Schulhoff | Source | CEO of Brooklyn MLS at Brooklyn MLS

I expect to see a significant decrease in the second-quarter numbers, as the majority of other business will, too. We might see a slight dip but look for a rebound in the third and fourth quarter, if COVID-19 has disappeared.

During the first two months of the first quarter, home sales were up six to seven percent and then fell off in March. Spring is normally the highest purchase market and that has not been the case, so far. I expect to see a significant decrease in the second-quarter numbers, as will the majority of other business will too. We might see a slight dip, but look for a rebound in the third and fourth quarter, if COVID-19 has disappeared.