Central Coast Voices: COVID-19 and the real estate industry
As the effects of COVID-19 are felt around the world, the real estate and development industry are being impacted in different ways. Interest rates are at a historic low, yet fewer homes are on the market
Join Fred Munroe as he speaks with experts from the Central Coast housing and real estate industry—Chris Richardson, president of Richardson Properties; Mary Trudeau, SLO division manager at the Mortgage House; and Lindy Hatcher, executive director of the Home Builders Association on the Central Coast—as they discuss how the global pandemic could reshape the U.S. real estate industry.
The economic situation has had a significant influence on the commercial real estate market—development in some areas has slowed, while other developers are rethinking plans to increase opportunities for social distancing, and businesses of all sorts are struggling to comply with governmental agency requirements to help with keeping tenants and visitors safe.
Broadcast date: 6/25/20
Central Coast Voices is sponsored by ACTION for Healthy Communities in collaboration with KCBX and made possible through underwriting by Joan Gellert-Sargen.