economic data: The State of Real Estate - Florida - August 2020
- 09/12/20 09:10 AM
This years Florida REALTOR® convention was - like a lot of things in 2020 - completely virtual. While I appreciated not driving to Orlando - I did miss the live networking with colleagues from around the state. The upside - more attendees than ever, many from outside the U.S. One of the highlights of this event is always Dr. Brad O'Connor's update and forecasts for the real estate industry. Dr. O'Connor is Florida Realtors Chief Economist and is well known for his insights. This year his online event was maxed out! Here are some of the highlights: As bad as things were … (2 comments)
economic data: Is Now a Good Time to Buy or Sell Real Estate?
- 07/08/20 04:39 PM
Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume fell 15% compared to last year.1
Fortunately, as restrictions have eased, we’ve seen an uptick in market activity. And economists at Realtor.com expect a rebound in July, August, and September, as fears about the pandemic subside, and buyers return to the market with pent-up demand from a lost spring season.2
But given safety concerns and the current economic climate, is it … (1 comments)
This years Florida REALTOR® convention was - like a lot of things in 2020 - completely virtual. While I appreciated not driving to Orlando - I did miss the live networking with colleagues from around the state. The upside - more attendees than ever, many from outside the U.S.
;)
;)
;)
