LESSONS LEARNED FROM THE 2020 REAL ESTATE MARKET

Dated: January 6 2021

Views: 9

THESE WERE THE BIGGEST LESSONS LEARNED FROM THE 2020 REAL ESTATE MARKET

There were many lessons learned in 2020. For example, there is no such thing as toomuch toilet paper.

While there were a lot of moments that we’d rather forget, there were also many that will have a lasting impact on how we approach real estate and our businesses for years to come.

Let’s take a look at the biggest takeaways for 2020 real estate so you can go into this New Year prepared for success.

When everything changed in the spring, there were a lot of questions on everyone’s minds. You didn’t know what was going to happen with real estate. Your clients didn’t know what was going to happen with real estate. And worst of all, a lot of the news that came out had frightening headlinesthat made everyone expect the worst about the housing market.

That, obviously, didn’t happen.

So if we learned anything from this year, it’s that we should always have our finger on the pulse of the industry. Especially because the agents that did, and were able to relay that information to their worried clients, were the ones who came out ahead.

Case and point, staying on top of the latest market insights is and always will be important.

Blog author image

Wayne Gaddy

Local Real Estate Broker/REALTORĀ® representing Sellers and Buyers with Residential Homes, Condos, Vacation Homes, New Homes, Land and Investment Property since 2003. I would be honored to have an op....

Latest Blog Posts

The Importance of Home Equity in Building Wealth

Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted:   Homeownership has cemented its role as part of the

Read More

January 2021 Myrtle Beach Home Price Update

Friends and Clients —The real estate market continues to surge ahead. However, clouds might be forming on the horizon for sellers. Let me give you the details:1. Record-low inventoryThere were

Read More

LESSONS LEARNED FROM THE 2020 REAL ESTATE MARKET

THESE WERE THE BIGGEST LESSONS LEARNED FROM THE 2020 REAL ESTATE MARKETThere were many lessons learned in 2020. For example, there is no such thing as toomuch toilet paper.While there were a

Read More

Selling your house is the Right Move, Right Now.

Some HighlightsDemand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last

Read More