Lessons Learned: Recovery
From Past Housing Recessions
Real Trends' publisher, Steve Murray, offers his insight into the future of the real estate ind ustry:

"I love this industry. It's been my home for 44 years now. In my time, there have been three significant recessions and one minor one. We all hear that the recovery from this one we are now in will be a “V” shaped recovery—fast downward move followed by a fast upward move. We all pray that's exactly what will happen.

W hile today's market is unprecedented, the history of housing recessions tells us something different. For instance, the housing market peaked at nearly 4 million unit sales in 1979 before crashing to 1.9 million in 1982, a 50% drop in two years. The next peak was in 1988, when the industry had 3.6 million closed unit sales. Notice we still didn’t get back to 4 million units even though the number of households climbed from around 80.8 million households to 91.1 million households in 1988. "

For Your Clients : Shareable Content to Keep
Real Estate Consumers Engaged and Informed
In response to the COVID-19 pandemic, RISMedia is here to help real estate professionals stay connected with clients and prospects by providing timely content they can share to their social sphere.

With a wide range of topics, from how to manage mortgage payments during this pandemic to staying productive when working from home, agents can be a valuable resource to consumers, even in times of crisis.

Virtual Selling Resources for REALTORS®
REALTOR.com is offering webinars, tools and live events to help REALTORS® maintain their business and prepare for the future , like, "10 things to do NOW to prepare for the market resurgence."

Check out the lineup here: Virtual Selling for REALTORS®

NAR's Brings Back "Right Tools, Right Now"
In light of the challenges presented by COVID-19 , and its impact on the real estate industry, NAR is taking steps to support members through these uncertain times.

The "Right Tools, Right Now" initiative, which was activated once before in 2009, makes new and existing NAR products and services available for FREE or at significant discounts – right now, and is available to REALTORS® and REALTOR® Associations.

Inman News' " The Weekender "
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!