Across the board, real estate investors, house flippers, landlords, and brokers are becoming more and more optimistic about the housing market. When surveyed on how long they expect the pandemic to affect their business 42% said just six months. A surprising 12% said they expected no impact.
Just over half reported feeling positive about their business.
“When we asked people to tell us how they were adapting, some folks said they were slowing their business as a precaution,” Humphrey continued. “Some said they had picked up the pace of home-buying because there was less competition. Every corner of the U.S. had a different view on things. But overall, within the next year or less, customers expect to be fully back in business, which was great to hear.” Matt Humphrey, co founder and CEO of LendingHome.