Seriously, what is going on? Stock market is up, real estate is up, employment is down, confidence in the economy is down, and the world is a really uncertain place, yet real estate activity continues. Even in a pandemic, people need a place to live. Whether you're employed or not, you need shelter, and you have so many groups of people who are going through different things and are keeping real estate activity going and propping up prices.
What I've been witnessing recently:
1. People downsizing into rentals after selling their homes
2. Couples cohabitating to save money
3. More people converting to roommate situations
4. People panic selling
5. People selling with the equity to buy
6. People buying because of low interest rates
7. People wanting home offices
8. People moving around because they work from home
9. People holding on to wait out the storm before selling
