LESSONS LEARNED FROM THE 2020 REAL ESTATE MARKET

Dated: January 6 2021

Views: 143

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

Wayne is a Local Real Estate Broker/REALTORĀ® representing folks with buying or selling Residential Homes, Condos, Vacation Homes, New Homes, Land and Investment Property. Grand Strand specialist who ....

Latest Blog Posts

Why Right Now May Be the Time to Sell Your Myrtle Beach House

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued

Read More

Despite inventory shortage, South Carolina housing sales strong

COLUMBIA, S.C. (March 17, 2021) -- South Carolina REALTORS® (SCR) today released its February 2021 statewide real estate market data revealing inventory has hit an all-time low, with half

Read More

Is This the Year to Sell My House?

 If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the

Read More

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