2020’s Effects on Tampa Bay Real Estate
A Reflection on How the Unprecedented Events of 2020 Changed Our Real Estate Market If someone told us in 2019 what was to happen the following year, we would not have believed them. From second graders learning through Zoom to one-way arrows in supermarket aisles, all aspects of our everyday lives have been impacted. The lockdowns in early spring especially affected those in the service industry. Restaurants relied on curbside pick up and hotels adopted new cleaning processes and precautions. The real estate industry was no different. Masks, gloves, and sometimes shoe coverings became a requirement during home tours. Virtual consultations replaced coffee shop meetings and closings moved outdoors. How the pandemic affected the real estate market and buyer trends made residential real estate one of the most interesting industries to watch in 2020. The national lockdown in the US began around mid-March. Springtime is usually the busiest time of the year for real estate, but this