[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2n3frasrdd59c":3,"$ffeh0925h8cuz":38,"$f2emv3tus0uf1":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":26,"next":32},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":25},1640,"real-estate-will-lead-the-economic-recovery","Real Estate Will Lead the Economic Recovery","With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2020\u002F05\u002F28\u002Feconomists-forecast-recovery-to-begin-in-the-second-half-of-2020\u002F\">year\u003C\u002Fa>. As we get back to work and the financial landscape of the country begins to turn around, many experts also agree that real estate has the potential to lead the way in the recovery process.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F08171644\u002F20200609-KCM-Share.jpg","With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2020\u002F05\u002F28\u002Feconomists-forecast-recovery-to-begin-in-the-second-half-of-2020\u002F\">year\u003C\u002Fa>. As we get back to work and the financial landscape of the country begins to turn around, many experts also agree that real estate has the potential to lead the way in the recovery process.\u003C!--more-->\r\n\r\nAccording to \u003Ca href=\"https:\u002F\u002Fwww.zelmanassociates.com\u002F\">Ivy Zelman\u003C\u002Fa> of \u003Cem>Zelman & Associates:\u003C\u002Fem>\r\n\u003Cblockquote>\u003Cem> “Housing will fare better than expected during this severe downturn.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nIn addition, CNBC \u003Ca href=\"https:\u002F\u002Fwww.cnbc.com\u002F2020\u002F05\u002F27\u002Fmortgage-demand-from-homebuyers-shows-strong-and-quick-recovery.html\">notes\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Mortgage demand from home buyers shows unexpectedly strong and quick recovery…The quick recovery has surprised most forecasters.” \u003C\u002Fem>\u003C\u002Fblockquote>\r\nRobert Dietz, \u003Cem>Chief Economist\u003C\u002Fem> and \u003Cem>Senior Vice President for Economics and Housing Policy\u003C\u002Fem> of the \u003Cem>National Association of Home Builders\u003C\u002Fem> (NAHB) \u003Ca href=\"http:\u002F\u002Feyeonhousing.org\u002F2020\u002F05\u002Fnew-home-sales-overperform-in-april\u002F\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Overall, the data lend evidence \u003C\u002Fem>\u003Cem>to the NAHB forecast that housing will be a leading sector in an eventual economic recovery.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nOne of the big reasons why housing has the potential to be such a driving force is the significant impact it has on the local economy. This impact is particularly strong when a newly constructed home is built and sold. According to a recent \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2019-state-economic-impact-of-real-estate-activity-us-04-14-2020.pdf\">study\u003C\u002Fa> by the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), the average new home sale has a total economic impact of $88,416. As outlined in the graphic below, this is a combination of income generated from real estate industries, expenditures, and new home construction.\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F20200609-MEM-Eng-1.jpg\">\u003Cimg class=\"aligncenter wp-image-42484\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F20200609-MEM-Eng-1.jpg\" alt=\"Real Estate Will Lead the Economic Recovery | Simplifying The Market\" width=\"650\" height=\"366\" \u002F>\u003C\u002Fa>With so many unknowns today, especially in the wake of a worldwide pandemic, one known factor is the bright spark the housing market can play in local and national recovery. Buying and selling a home goes well beyond personal growth and satisfaction – it supports our economy as a whole.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nAccording to experts, the economy will begin to recover in the second half of this year. With real estate as a driver, that recovery may start sooner than we think.","\r\nAccording to experts, the economy will begin to recover in the second half of this year. With real estate as a driver, that recovery may start sooner than we think.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F20200609-MEM-Eng-1.jpg",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers","2020-06-09T10:00:14Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":15},1639,"the-shocking-news-in-the-unemployment-report","The Shocking News in the Unemployment Report","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F05151429\u002F20200608-KCM-Share.jpg","2020-06-08T10:00:11Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":15},1641,"is-a-recession-here-yes-does-that-mean-a-housing-crash-no","Is a Recession Here? Yes. Does that Mean a Housing Crash? No.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F09161136\u002F20200610-KCM-Share.jpg","2020-06-10T10:00:33Z",{"cover":39,"open":40,"shareSpread":41},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[47,51,52,53,57,61,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153,157],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":66,"name":67,"slug":68},11,"First-Time Buyers","first-time-buyers",{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":78,"name":79,"slug":80},38,"Move-Up","move-up",{"id":82,"name":83,"slug":84},41,"For Sale by Owner","for-sale-by-owner",{"id":86,"name":87,"slug":88},42,"Featured","featured",{"id":90,"name":91,"slug":92},45,"New Construction","new-construction",{"id":94,"name":95,"slug":96},52,"Luxury \u002F Vacation","luxury--vacation",{"id":98,"name":99,"slug":100},53,"Rent vs. Buy","rent-vs-buy",{"id":102,"name":103,"slug":104},80,"Time-sensitive","time-sensitive",{"id":106,"name":107,"slug":108},81,"Outdated","outdated",{"id":110,"name":111,"slug":112},147,"Internal","internal",{"id":114,"name":115,"slug":116},148,"Do Not Autopost","do-not-autopost",{"id":118,"name":119,"slug":120},320,"Inventory","inventory",{"id":122,"name":123,"slug":124},321,"Agent Value","agent-value",{"id":126,"name":127,"slug":128},322,"Affordability","affordability",{"id":130,"name":131,"slug":132},323,"Buying Tips","buying-tips",{"id":134,"name":135,"slug":136},324,"Downsize","downsize",{"id":138,"name":139,"slug":140},325,"Economy","economy",{"id":142,"name":143,"slug":144},326,"Equity","equity",{"id":146,"name":147,"slug":148},327,"Forecasts","forecasts",{"id":150,"name":151,"slug":152},328,"Selling Tips","selling-tips",{"id":154,"name":155,"slug":156},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":158,"name":159,"slug":160},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]