Video: COVID-19 & the Real Estate Market

What: There have been many questions from both our agents and their clients regarding what kind of effect COVID-19 will have on the real estate market. The video below provides a great explanation.
Bottom Line: According to Dr. Marci Rossell LeadingRE’s Chief Economist when we look back on this, it won’t even be a blip on the graphs.
Why: In the video, Dr. Rossell explains the difference between the 2001 and 2008 crashes and why this looks a lot like 2001 where we began recovering from it within a month because the economy was strong prior. 
What Next: Please watch this video and feel free to share it with your clients! Knowledge is power and having facts will empower you to keep your business going strong during this time. We’ll also be releasing a PCP with more great market info for your peeps later this week, so stay tuned!

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