Summer Outlook: A Slowing Recovery May Wait in the Wings
While housing has thus far seen a strong recovery, experts say prices may actually fall later this year. Factors such as unemployment and foreclosures could also weigh down the market.

The pandemic has exacted a massive toll on the economy but the housing market has so far not fallen off a cliff. And while things aren't completely back to normal, the consensus among housing-focused economists is that looking back over the last few months things have been heading in the right direction. Looking forward into the rest of the summer and fall, the full economic impacts of the pandemic may not yet have reached the real estate industry.

Bias Override: Overcoming Barriers to Fair Housing
Watch NAR's new video to help recognize and avoid implicit bias. Hear about scientific evidence that shows how our brains can work to automatically cause us to treat those who are different from us unfairly, despite our best intentions and often without our conscious awareness.
Surveys Reveal Broker and Consumer Views on the Future of the Market
REAL Trends analyzed several recent surveys to give you a pulse on the market during COVID-19 and to predict future trends.

  • 52.8% of the brokers said the decline in agent counts would be between 5-15% because of the economy
  • 61.6% of brokers said they would consolidate their office space
  • 66% of parents are concerned their kids will be exposed if sent back to school, causing many districts to cancel in-person classes for the rest of the school year.

Connect With GMAR's Social Media & Stay In The Loop
In addition to special emails, our weekly Thursday eNewsletter, the GMAR will be utilizing its social media pages to keep members informed and up-to-date during the rapidly evolving COVID-19 situation.

Please connect with us through the links to our social platforms below.

Stay Healthy!