NAR Survey Looks at Market Recovery

Elyse
NAR Survey Looks at Market Recovery

During the Covid-19 lockdown, what would happen to the real estate market was an open question.

Now that some cities and towns have opened up, the answer has gotten clearer.

For example, the 2020 Market Recovery Survey, conducted by the National Association of REALTORS®  in June, shows that markets are recovering and that both buyers and sellers are returning.

The data can help you give clients a better picture of what’s happening, buyers’ and sellers’ timelines, and the home features that now are important.

For example, 35% of NAR members polled reported that buyers had changed at least one home feature important to them due to Covid-19.

See the complete survey results at (https://bit.ly/32ICQGB) and share the findings with your sellers and buyers looking for a deeper understanding of market conditions.