Very few industries can afford to remain static. Real estate is no exception. Innovation in other sectors, in due time, is bound to upend many of the norms that guide the information economy of markets around them. In the real estate world, the wave of big data and artificial intelligence has been steadily advancing on […]
The recovery of the U.S. housing market after the first wave of COVID-19 lockdowns has been nothing short of remarkable. Just when many observers feared a downturn similar to the 2008 recession, the resumption of market activity saw a surge in pent-up demand across the country. A record rebound in May and June put to […]
When the onset of the coronavirus pandemic brought most home sales in the United States to a screeching halt in March and April, a sense of panic emerged about how long the normally bustling industry would be stifled. A new report from the National Association of Realtors offers a strong indicator that the summers months […]
The long-term ramifications of the COVID-19 crisis on real estate investment will remain murky for the foreseeable future. As our behavior adjusts under shifting circumstances, many of the steps we take may be tentative. One area that has generated a mix of concern and excitement is the rental investment market, which could see competing influences […]
As families across the country continue to cope with the hardships of the COVID-19 crisis, my family and I continue to search for ways to give back to those who make sacrifices for our health and safety. Last month, Greg Englesbe Real Estate Consulting contributed to a donation of 2,000 face masks to the New […]
Twitter CEO Jack Dorsey may have issued the first salvo in a movement that could see companies shifting away from physical office space in the wake of the COVID-19 crisis. The writing could be on the wall for commercial real estate even when the public health emergency has settled. Twitter became one of the first […]
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Across the United States, housing inventory appears to be on a sharp downswing as the coronavirus pandemic begins to wreak havoc on markets. In the week ending April 5, the number of new listings nationally dropped 31% year-over-year. The week prior saw a 34% decline, according to data released by Realtor.com. “Housing supply took the […]
The magnitude of the global coronavirus pandemic has only just begun to be felt, not just in terms of human lives but in the countless ways it will impact the economy. With the U.S. government approving an aid package to the tune of $2 trillion dollars this week, the severity of the COVID-19 crisis is […]
The unprecedented scope of the global coronavirus pandemic, hammering markets worldwide, has left U.S. policymakers with little choice but to take extreme precautionary measures. The Federal Reserve announced Sunday it would slash interest rates to zero, the Washington Post reported. This is the central bank’s most aggressive action since the 2008 financial crisis. There will […]
