Fall is a great time of year to visit the Emerald Coast with mild weather and smaller crowds. We expect this year will be a little busier. The presence and influence of online schooling and remote working have changed normal school, work, and vacation cycles. Some schools are not having a spring break, and some are having them in January! As a result, it is expected that our normal real estate patterns will change as well.
The chart below compares the number of pended contracts in 2019 and 2020. As the chart below details, market activity in 2020 dropped during the height of the COVID-19 quarantine period but started to recover as soon as the economy started to reopen.
While there has been a gentle decline in activity since 8/1/2020 it…
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