Retail Giants Bet on Small Concept Stores to Lure Shoppers
As Online Shopping Continues to Dominate, Some Retail Chains Experiment Bloomingdale’s, the 160-year-old luxury department store chain, is joining several other national retail chains in experimenting with much smaller versions of their stores that feature heavily curated merchandise — an apparent effort to compete amid the rise of online shopping. The COVID-19 pandemic changed many consumer behaviors, including
Video Calls: Best Practices for Real Estate Professionals
What Are the Best Ways to Look Professional While on a Video Call? Nearly a year and a half after the COVID-19 pandemic first hit the United States, many restrictions have been lifted. But video calls, which quickly entered the mainstream as we all quarantined at home, aren’t going anywhere. For real estate professionals, video calls have become
Millennials: Here’s How to Decorate Your Parents’ Basement
You Don’t Have to Give Up Personal Style to Move Back In With Your Parents While some millennials may be purchasing multi-million dollar mansions in luxe ski towns, the fact is that far more just so happen to be moving back in with their parents. In 2018, Zillow reported that more millennials were living at home then
U.S. Cities Offer Incentives to Lure in Remote Workers
Remote Work Could Change Where People Live Cities and counties across the U.S. have launched programs to lure remote workers to their regions, capitalizing on pandemic-era changes that have allowed tens of millions of people, especially in industries such as technology, to work from anywhere. Read More
Vacation Home Sales Skyrocket During COVID-19 Pandemic
Vacation Home Sales Surge During COVID-19 Pandemic In the months after COVID-19 hit the United States, vacation home sales shot up, likely the combined result of low-interest rates, a desire to escape amid social distancing and lockdown, and an unprecedented ability to work from anywhere. It’s part of a major cultural shift around work and homebuying in the
5 Reasons Why You Shouldn’t Become a Real Estate Agent
You Need to Read This Before Deciding to Become a Real Estate Agent Oh thank the heavens, you have found this blog. While you may not know it yet, we have saved you from making a life-altering and tragic decision. We can probably get past all the small talk and pleasantries and assume you’re considering a career
Coronavirus: Which Housing Markets Are Recovering?
Tight Housing Inventory & Historically-Low Mortgage Rates Fuel the U.S. Housing Recovery A recent report from Realtor.com indicates that as states slowly reopen their economy, the once-stagnant housing market has begun to surge. Two contributing factors to this rise can be pinpointed to the 30-Year Mortgage Rates hitting historic lows (2.86 percent) and a more competitive housing
Banks Fear Downgrade as Commercial Real Estate Flounders
How Will COVID-19 Hurt Commercial Real Estate & the Banks Backing Their Holdings? The past decade has seen a remarkable rise in our economy as a whole. Almost every industry has seen massive gains, both in the spreadsheets and in the stock market. However, with the onset of coronavirus back in March, a high level of uncertainty
What Would Clark Griswold Do During a COVID-19 Thanksgiving?
Overcome a COVID-19 Thanksgiving With Ideas Inspired by America’s Favorite Family Man, Clark Griswold Thanks to COVID-19, the usual traditions of gorging on drumsticks while fighting with your in-laws about what truly constitutes a violation of an agency’s fiduciary duties - something you can learn about for your NAR Code of Ethics requirements - are out the
Black Friday’s Impact on Commercial Real Estate in 2020
Black Friday's Lack of Appearance in Retail Stores Hurts Commercial Real Estate Most of us are curious what Black Friday will look like this year given the multitude of changes brought on by COVID-19. No doubt that 2020’s Black Friday shopping will look different across the country for in-store purchases, but for online shoppers, there’s no need
