Natural disasters disrupt lives & economies, causing significant
reductions in housing supply and often leading to increased prices. For instance, following incidents like
Hurricane Ian, communities have struggled to regain normalcy, and the housing market isn't exempt from this impact. A recent study highlighted that after such disasters, the supply of available homes
decreased, causing a spike in demand and rental prices in affected areas (
MHS Appraisal). This creates a unique opportunity for real estate professionals to cater to those in need by providing suitable housing options.
A successful marketing strategy involves recognizing these changes and adjusting your approach accordingly. Here's how: