A New Normal in Real Estate

COVID-19 Real Estate Listing and Showing Guidelines A prevention plan during the coronavirus pandemic While Los Angeles, Beverly Hills, and neighborhoods around America relax stay-at-home recommendations, real estate agents must implement consistent policies that protect the public. Real estate agents are independent contractors and must operate under a principal broker.  Different agents and brokerages will have unique responses to the […]

New Home Construction Shows Positivity Amid the COVID-19 Pandemic

Sales of Newly Built Homes Show Strength Sales of newly built single-family homes recorded positive movement in April based on a report by the U.S. Department of Commerce and the United States Census Bureau. Despite a 0.6% national gain from March to April, sales of newly built homes year over year are down 6.2% as the world navigates stay at home orders […]

Housing Starts Sink Deeper

Housing starts to sink deeper than expected. The commerce department has posted a record decline in housing starts Tuesday, May 19, 2020. Permits for future construction also tumbled, suggesting more uncertainty circulating in the construction community. Housing starts fell 30.2% to a seasonally adjusted annual rate of 891,000 units last month, and permits for future home construction declined by 20.8%. […]

A Housing Analysis Before and After COVID-19

Where will the value of homes be after COVID-19? The actual direction of real estate values is currently unknown as we explore unchartered territories due to COVID-19. Agents, homeowners, and prospective buyers speculate across the nation as to what direction sales and prices will head later this year. The housing market pre-COVID-19 was fundamentally strong as we began the new […]