You might be asking yourself if you are ready for the next move. If so, you are not alone! The last year of sheltering in place has driven Americans to reconsider their home needs, and many have discovered that their current homes just won’t due anymore.
According to the 2020 Annual National Movers Study:
Having low inventory in the housing market isn’t new, but it’s becoming more challenging than before to navigate. Danielle Hale, Chief Economist at realtor.com, explains:
“For customers who cited COVID-19 as an influence on their move in 2020, the top reasons associated with COVID-19 were concerns for personal and family health and wellbeing (60%); desires to be closer to family (59%); 57% moved due to changes in employment status or work arrangement (including the ability to work remotely); and 53% desired a lifestyle change or improvement of quality of life.”
As we view homeownership from a different angle, we have listed a few reasons why people are reconsidering where they live, what they need in a home, and making a move.
1. Outdoor Space
The latest outdoor living trends were recently released by Better Homes & Gardens. We have listed three of them below:
2. Working From Home
Thanks to the pandemic, working from home is the new norm. Some companies have made the decision to stay remote. In this case, people are finding that they don’t have to live so close to their office, and they can get a larger home for less money if they move outside of the city limits. Apartment List mentions that those remote employees are more likely to move than on-site employees:
Over the last year, did you find yourself turning the guest bedroom or kitchen table into your home office? If so, it might be time for you to find a larger home that suits your new lifestyle.
3. Room for Fitness and Activities
Over the last year, you might have found yourself looking for a larger home to accommodate your new lifestyle. This could be because you are working from home and don’t have room for a home office, or you want more outdoor space. If you’re ready to take the next steps to finding the home of your (new) dreams, connect with our team today!
Topics: Real Estate, Home Buyers, Pandemic Home Buying, Summer Home Buying, On The Move, Why People Are Buying Homes In A Sellers Market