Some buyers are viewing listings from the comfort of their homes. “Logic would dictate that there are some people that would be just somewhat skittish about venturing into a home that you don’t know what type of precautions that either the homeowner or others have taken,” said Hamrick.
The idea behind this built-in advantage for nonprofits was that it would prevent rampant speculation, preserve existing affordable housing in gentrifying neighborhoods, and ensure community stability.