The global COVID-19 pandemic has affected nearly every industry worldwide. Every industry is adapting to life during a pandemic and real estate is no different. However, even during these difficult times, real estate companies are still able to complete sales and lease deals. A lot of things may have been canceled, but not people’s need for a new home. Let’s take a look at how things changed for Orlando’s real estate market these past months.
A Health Crisis, Not a Housing Crisis
The pandemic may have slowed things down a bit, but the real estate industry is not dead, real estate experts say. Even during the lockdown, real estate professionals could still sell or lease out units because most of the tours could be done virtually. We live in a digital era where (nearly) everything is attainable by a simple touch of a button. It also helped that the pandemic has not affected home prices.