Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.

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Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.

Published Saturday 4 June 2022

While Covid was battering the U.S. economy, Gary Goldberg seems to have done OK. During 2020, the pandemic’s first year, the Santa Barbara, California, real estate agent sold more than $27 million worth of luxury homes, slightly down from the $31 million he closed the year before, according to data from...

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Details About the Article "Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans."

This article was originally published by NBC News and was recommended by Realty48.com a couple of days later due to its popularity. It has gotten a lot of attention and 171 comments have been submitted since it was published in June of 2022. The article "Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans." is a news post and categorized as Realty by realty48.com and the main topics includes Arizona State, Business, California Business, California Coronavirus, California Real Estate, California State, Coronavirus, Economy, Housing, Housing Market, Loan Application, PPP, Ppp Loan, Real Estate, Real Estate Brokerage, Real Trends Consulting, Santa Barbara CA, SBA, Texas State & Zillow.

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