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What will global property markets look like after the COVID-19 pandemic? I do not believe we’re going to see 40% to 70% drops like we did in the wake of the 2008/2009 global crisis when real estate markets worldwide took huge hits with few exceptions. However, localized markets and individual properties will experience those levels […]
Lacey Conway, CEO, Latter and Blum Real Estate, New Orleans ditched the 30- and 60-day plans to develop weekly plans to mitigate the damage of the coronavirus on their firm. Find out what other steps she took to keep the company running smoothly and keep her agents engaged.
Seemingly overnight, most industries are finding themselves at the mercy of the coronavirus pandemic — real estate included. The U.S. government has declared the residential real estate sector a crucial public service in the midst of social distancing, but how do current buyer and seller sentiments compare to pre-pandemic aspirations?
The COVID-19 pandemic has brought the real estate industry to a near-halt, and what at first seemed like a temporary stoppage is starting to look like the new normal for at least the next year. And the new normal feels pretty strange: no more open houses, showings over Zoom, drive-up closings.
From REAL Trends, the trusted source for real estate industry news and trends, this is REAL Trending Episode 74. We’re analyzing the most important trends affecting brokerage companies and their agents. I’m Steve Murray, President of REAL Trends.