Scott Chappelle is a real estate veteran who has watched the changes of Covid-19 with a wary eye. However, he was surprised to find that the Lansing and MSU real estate markets were not projected to be heavily impacted by this problem in the fall – quite the opposite. As a result, Scott Chappelle East Lansing and Strathmore Real Estate Group are doing what they can to help prepare the town and the university for this change.
It may be surprising to some to read this, as Scott Chappelle recently discussed, but MSU and Lansing, in general, are not expecting a significant impact on their student enrollment as a result of Covid-19. The 2020 Fall Semester looks to have one of the biggest application rates in recent history. Registrar Steve Shablin recently reported that applications are up from last year and still increasing.
He also stated that deposits are higher, which is something Scott Chappelle of Strathmore Real Estate Group took note of early this summer. He particularly noticed that there was a considerable increase in international students, often those with a large amount of money. And as Lansing and MSU real estate lives and dies by student money, Scott Chappelle East Lansing is intrigued by the possibilities.
As a result, Strathmore Real Estate Group has been investigating and examining many real estate possibilities across the city and in the surrounding metropolitan area. Though they are also respectful of the issues that may occur due to Covid-19, Scott Chappelle has stated that they plan on taking measures that can help. In this way, Scott Chappelle East Lansing hopes to mitigate any potential dangers that may occur.
Scott Chappelle and Strathmore Real Estate Group invest heavily in virtual tour concepts that they can utilize to show buyers and renters property without increasing the risk of coronavirus exposure. This type of tour would allow potential buyers to walk with Scott Chappelle East Lansing through every area of an apartment and a home and get an idea of whether or not it is right for their needs.
And Scott Chappelle East Lansing is also looking to find ways to help the nearly 34,000 students who have already been accepted to stay in place whenever possible. For example, he and Strathmore Real Estate Group are investigating concepts like cheap, but powerful, wireless internet in their properties to ensure that students can get to virtual classes without risking Covid-19 exposure.
Scott Chappelle sees this increase as not too surprising, he states. Demand for Lansing property has skyrocketed in recent years, and Strathmore Real Estate Group has responded. More and more students are coming to the campus every year, and their bravery in the face of a pandemic brings hope to Scott Chappelle East Lansing.