Editor’s Note: This is the cover story in the April 2020 issue of RISMedia’s Real Estate magazine. Subscribe today.
Editor’s Note: Before the coronavirus pandemic progressed in the U.S., RISMedia asked Power Brokers to offer their take on the upcoming year, from the current and future market outlook, to overall strengths and weaknesses.
Leading Independents Unite to Create Corcoran Global Living
In February, the Corcoran Group, Realogy’s premier lifestyle brand operating in New York City, Miami, The Hamptons, N.Y., and Palm Beach, Fla., announced its first foray into the franchising arena—and its first-ever West Coast presence—with the formation of the new brand Corcoran Global Living.
(TNS)—James Bullard, president of the Federal Reserve Bank of St. Louis, recently predicted that in the wake of the coronavirus pandemic, U.S. unemployment numbers may hit 30 percent in the second quarter. Considering nearly four in 10 Americans would have to borrow money to cover a $1,000 emergency, it’s easy to see how many will soon be left struggling to cover their bills.