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The Changing Face of Real Estate: Homeownership in Flux, Pandemic Impact and Future Innovation with Domonic Purviance
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An exclusive conversation with the brilliant Domonic Purviance, a seasoned Subject Matter Expert for residential real estate at the Federal Reserve Bank of Atlanta.
However it's important to note that this conversation was recorded outside the Federal Reserve blackout period, and the insights shared by Domonic are his personal viewpoints. They do not represent, nor is he acting as a spokesperson for the Federal Reserve Bank of Atlanta or any other government agency.
In this captivating discussion, Domonic shares his unique perspective on repurposing commercial spaces to meet the shifting demands of today's real estate landscape. We also explore the unexpected, yet increasingly popular residential areas and markets that have emerged due to the work-from-home changes brought about by the pandemic.
Amidst the soaring housing prices and stagnant income growth, he unveils that homeownership has reached unprecedented levels of unaffordability, accompanied by fascinating pricing tactics. Are we witnessing the inception of a transformative era in real estate, and what does the future hold for homebuyers? How might we innovate the industry?
Tune in for a thought-provoking exploration of these questions and more, as we navigate the complexities of the housing market.
Connect further with Domonic D. Purviance on LinkedIn https://www.linkedin.com/in/domonic-d-purviance-50a99214/
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