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.
For several months, the world has been fighting the spread of coronavirus, and thousands of people have been affected by the pandemic. Many countries have closed borders, imposed trade restrictions, and declared mass quarantine. The panic associated with COVID-19 is shaking even the most stable global markets. For example, the US real estate market is […]
AI is poised to change the commercial real estate industry for the better. The following are just a few noteworthy ways that professionals in digital design like Blue Label Labs might start using AI in the near future (if they aren’t already):
Housing discrimination – and the fear of it – along with a desire for safe and welcoming neighborhoods differentiate LGBT homebuyers and sellers from non LGBT homebuyers and sellers according to National Association of Gay and Lesbian Real Estate Professional’s (NAGLREP) fourth annual LGBT Real Estate Report. NAGLREP, with nearly 2,800 members, is one of […]
Home prices across the United States rose at an annualized rate of 5.8 percent in March 2020 from February 2020, according to Radian Home Price Index (HPI) data released today by Red Bell Real Estate, LLC (“Red Bell”), a subsidiary of Radian Group Inc. (NYSE: RDN). The Radian HPI is the most comprehensive and timely […]
Communication and transparency are two of the most important things Miedler wants to offer its franchise brokers. From online masterminds to Facebook Workplace and video messages, tools like these are key to Mielder staying in constant contact. Find out what Mike Miedler, CEO of CENTURY 21 Real Estate doing to mitigate the losses from the […]
One of the most underutilized and overlooked aspects of the real estate listing is the description. We’ve all seen home listings with amazing, irresistible professional photos, and then had our enthusiasm trickle away when we got to the uninspired, zero-effort description. (“Big LR/GR, new kitchen, big MBR suite, pking.”)
The coronavirus (COVID-19) has had a profound impact on the global economy—and one of the hardest hit industries has been travel. Airlines are canceling flights, hotels are completely shutting down and as the country stays at home, short-term vacation rental bookings have dropped precipitously. Expedia Group, the company that owns HomeAway, VRBO, Hotels.com and more, […]
