Real Estate after Covid 19
As in any unknown situation, it is hard to predict the future. Nevertheless, especially in the resort areas, and based on what we saw after the financial crisis, we expect Real Estate to keep on growing in a few months. As most transactions are cash sales, home owners usually don't have the pressure of paying off a mortgage. Certainly rental income will be suffering for some time, but the decline in confidence related to the direction of the economy coupled with the unprecedented measures taken to combat the spread of COVID-19, are naturally bringing an abundance of caution among buyers and sellers. The temporary softening of the real estate market will likely be followed by a strong rebound once the economic 'quarantine' is lifted. We expect to see a lot of opportunities for those who dare to be optimistic, and who prefer hard assets instead the volatility of the stock exchange.
So meanwhile, we keep in touch, work from home on marketing skills, and prepare for the rebounce. Technology will become even more important to bring people together, service our clients, and keep us all safe. If you have any questions, please feel free to contact us @whatsapp or @tel. +1 809-543-2001