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You are here: Home / Real Estate News / What Real Estate Has to Be Grateful For in 2020

What Real Estate Has to Be Grateful For in 2020

December 26, 2020 by Cyndee Woolley Leave a Comment

by Melissa Dittmann Tracey, FloridaRealtors.org

It’s hard to look at 2020 in a positive light, but the real estate industry was uniquely and unexpectedly a beacon of hope for a nation battered by the COVID-19 virus. Home sales boomed, mortgage rates repeatedly hit record lows and rising values bolstered homeowners’ equity.

CHICAGO – No doubt, 2020 has been a uniquely challenging year. With unemployment still above pre-pandemic levels, the country coming to terms with longstanding racial inequities, Americans worrying about natural disasters, a contentious national election and the COVID-19 pandemic still raging, people are searching for reasons to feel gratitude as the year draws to a close.

The housing market has emerged as an economic bright spot. While the nation continues to feel widespread effects from 2020’s turmoil, here are a few things the real estate industry can be grateful for this year.

Read article on FloridaRealtors.org. 

Filed Under: Real Estate News Tagged With: Florida, Florida Association of Realtors, FloridaRealtors.org, Real Estate, Real Estate News

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Downing-Frye Realty, Inc.

Southwest Florida Real Estate
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