The Future of Real Estate
2020 has been full of many surprises. It has come to the attention of many people’s attention that the pandemic will forever change the world. Overall, there have been so many dramatic changes to not only how people view the housing market, but how they view its future. Realtors such as Shalom Lamm are dedicated to pursuing real easter in the upcoming years.
However, with such an uncertain future, it can be difficult for developers to invest in a property that people might not use. Many college towns have lost millions of dollars in revenue due to the stay at home order. Many students didn’t renew their leases because their schooling is online. It’s very controversial and it’s up the realtors to decide how to sell more. On the other hand, many reports have been prosperous since there is an influx of people moving out of cities.With more and more mortgages being taken out in the suburbs, the future of real estate will vastly change. The future of whether more developments will take over land that hasn’t been touched for generations is uncertain. Many folks don’t want more people in their small towns and this makes it difficult for sales to process. Shalom Lamm hopes that there will be a clear answer as to what will happen with the housing market once 2021 hits.