U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, real estate reports are grim and show the U.S. housing market is facing considerable challenges “amid economic uncertainty.” Buyer confidence is changing. When and how will this reverse, what will the comeback be like?
What will the new normal be in an industry that once boomed and took over the nations past time? There are many sides to this projection and controversial so let’s see.
Also today: Are the many activities that underline the real estate industry – from real estate agents, building and construction to title searches – essential services during this coronavirus pandemic? This too is very controversial.
Our national panel today will discuss.