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Webinar Replay: Real Estate Trends And Their Impact On The Relocation Industry
An evolving, and oftentimes challenging, U.S. housing market plays a critical role in your organization’s relocation program and the support you offer your relocating employees. How can you stay ahead and optimize your program?
The latest event in Sirva’s 2024 Continuing Education Webinar series — Real Estate Trends and Their Impact on the Relocation Industry — hosted by John C. Morreale and Lynn Menzie from Morreale Real Estate Services, shares actionable insights to help you adapt your relocation strategies and effectively address the challenges of today’s U.S. real estate market, including:
U.S. housing inventory shortages |
Rising mortgage rates |
Declining home affordability |
Tight rental market conditions |
Return-to-office policies affecting relocation |
Impacts on Relocation
The webinar shares the impacts of real estate trends on mobility programs and relocating employees, including:
- Finding available homes in desirable areas is challenging for relocating employees and companies planning relocations.
- Increased pressure on relocation timelines and budgets, especially in competitive markets.
- Lower mortgage rates will likely motivate more individuals and companies to relocate as homebuying becomes more affordable.
- Companies may need to rethink relocation packages, especially for employees moving to high-cost areas, including temporary housing solutions or extended rental stipends.
- Employees returning to the office are prompting companies to facilitate relocations closer to headquarters or primary business locations, putting further strain on housing inventories.
- And more...
Watch our webinar replay for insights on navigating real estate challenges, optimizing your relocation strategies, and supporting your relocating employees. If you would like to have further discussions on this topic, please contact us at concierge@sirva.com or reach out to your Sirva representative.