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Restore Chester County

Economic Action Steps — Real Estate

Real estate can include sales and renting of properties. COVID-19 has reduced demand for retail and office commercial development and created an increasingly competitive home buying market due to low lending rates and limited housing stock; however, there is increased demand for industrial properties. Like other office settings, workers who had the ability to telecommute adapted quickly to working from home, and business meetings, conferences, and seminars went online.

Current Real Estate Business Practices

The following practices are being implemented by various real estate businesses around the county and nation to address COVID-19-related disruptions. These practices may be helpful for real estate businesses not currently using them.

Actions to Support the Real Estate Industry

The following actions by governments, economic development organizations, trade organizations, and others would provide support to the real estate industry during the current COVID-19 crisis.

To see recommendations for other industries, click on the industry link below:

Agriculture Healthcare Real Estate
Auto Hotels & Lodging Religious
Camps In-Home & Residential Services Restaurants & Bars
Child Care Manufacturing Retail
Construction Nonprofits Schools
Entertainment & Tourism Office Setting Sports and Recreation
Gyms and Wellness Facilities Personal Care Transportation