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COVID19ICN2020Mike DelPreteStatistics

Chart: Pandemic Effect on Worldwide Residential Real Estate Sales12134

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Video: The Real Estate Pandemic Survival Guide Webinar | Video courtesy of Mike DelPrete YouTube Channel | 3 April 2020


Source: Real Estate Tech Strategist Mike DelPrete

Hi All,

This chart (above) - from Real Estate Tech Strategist Mike DelPrete - shows new residential listings volumes (2020 versus 2019 to see the affect of the pandemic.

This chart was presented today (4 June 2020) at Inman Connect Now online conference.

Any surprises from your prespective?

Dan
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In the US I think the pandemic's effect on real estate sales varied dramatically by locale. A couple of states allowed no site visits and they dropped like a rock. Most dropped a bit at least.

Check Inman but I think it was 3 states that had no great negative impact. Georgia was one of those.

The realtors there were quick to get an "essential services" designation for themselves which helped a lot. After that they got the state to approve "virtual notaries" which allowed closings to proceed. Seems the state by state approach was a big driver based on what I recall.

What did you find in your state?
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WGAN Forum
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WGAN-TV Podcast
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Video: Riding the Surge: Navigating Real Estate's Upheaval | Video courtesy of Mike DelPrete YouTube Channel | 15 June 2020

Hi All,

Mike DelPrete gives an excellent overview of residential real estate during the pandemic and discusses virtual tours.

From the Mike DelPrete YouTube Channel:

Mike DelPrete presents clear insights and the smart strategies needed to navigate the massive changes occurring in real estate since the pandemic. Dive deep into market-specific data, key trends to watch, the resurgence of iBuyers, and the three key traits needed to thrive in this new environment.

Source: Mike DelPrete YouTube Channel

--

Best,

Dan
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