Found 2 blog entries tagged as Virus.

 

If the real estate market in 2020 were to be characterized by a sound, it wouldn’t exactly be the sound of crickets chirping, but it also wouldn’t be a boisterous parade. Despite the lull of pandemic shutdowns, the real estate market was something of a comeback kid last year and had a strong finish. As we move into 2021, these are some of the key trends expected to shape real estate.


Working from vacation homes

An interesting housing trend we expect to carry through this year – and possibly even build as the year progresses – is the increase in second-home purchases. With many companies making positions permanently remote, workers across the country are realizing freedom in where they conduct business. 2020 ushered in a new wave of people…

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Economic Slowdown: What the Experts Are Saying | MyKCM

More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research:

“A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.”

Bill McBride, the founder of Calculated Risk, believes we are already in a recession:

“With the sudden economic stop, and with many states shutting down by closing down schools, bars and restaurants…my view is the US economy is now in a recession (started in March 2020), and GDP will decline sharply in Q2. The length of the…

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