Kevin Ward's Yes Talk | Real Estate Coaching And Success Training For Agents

What’s going to happen in real estate after the pandemic? Here are the 5 factors that drive the housing market: Demographics. Baby boomers own 53% of homes in America. They own big houses and will be downsizing in the near future. This will have a big impact on the housing market trend in the next 10 years. Interest rates. Low interest rates incentivize people to buy.  Economy. The rising unemployment rate, mortgages in forbearance, and businesses shut down Consumer confidence. Even with some businesses beginning to open up, people are still conservative with spending.  Government incentives. (Stimulus). How long can the US dollar stay strong?  THE FUTURE OF REAL ESTATE Right now, real estate is still moving. There’s massive pent up demand and low inventory. The industry has adapted to this new reality (virtual tours, OH). It’s a hot market for sellers. Low interest rates. Prices are still strong. As long as the federal reserve keeps printing money, it will be okay.  In the next 6 months, the housing market