Post-Pandemic Migration from Expensive Cities Likely As 1 in 4 Newly Remote Employees Expect Work-From-Home to Continue

Build RealtyMarket NewsLeave a Comment

Survey shows more than 50% of people in New York, Seattle, San Francisco and Boston would move if work-from-home became permanent. The sudden shift to remote work, brought on by the coronavirus shutdowns will accelerate a major migration away from expensive coastal cities . According to a new survey of homebuyers and sellers from Redfin, 1 in 4 newly-remote workers … Read More

House Hunters’ Hunger for Small Towns Continues to Soar—Even as Interest in Big Cities Begins to Recover

Build RealtyMarket NewsLeave a Comment

Pageviews of houses in small towns are surging amid the coronavirus pandemic, while big cities are staging a more modest comeback. A remote home in the woods in a tiny Illinois village 67 miles southwest of Chicago was one of the most-viewed listings on Redfin.com in April. Complete with a wood-burning stove and a natural spring running through the property, … Read More

Shortfall in New Supply of Homes for Sale Felt Most Acutely at the High End

Build RealtyMarket News

The coronavirus has driven listings down across the board, but even at its lowest impact point—in the affordable market—there is still not enough supply of homes for sale to meet demand Between mid-March and mid-April, the new supply of homes for sale over $1 million fell 29 points from the year prior, according to a new Redfin analysis of listing … Read More

How to Move During the Coronavirus Pandemic

Build RealtyMarket News

Moving is a daunting task during the best of times. Throw a pandemic into the mix, and you have a recipe for stress. If you’ve been considering moving, you may be tempted to postpone your move until life calms down. But what if circumstances won’t allow it? Maybe you need to relocate to another state for a new job, or … Read More

Five Charts That Show What’s Happening in the Housing Market Right Now

Build RealtyMarket News

As Americans grow accustomed to a new reality under quarantine, fewer people are delisting their homes, properties are sitting on the market for longer and growth in home prices has officially hit zero, according to research from Redfin. Here are five charts that illustrate the latest developments in the housing market as the coronavirus pandemic continues to upend residential real … Read More

5 Ways to Create a Self-Care Sanctuary in Your Home

Build RealtyMarket News

With each week that goes by, things are drastically changing as we try to flatten the curve of the coronavirus. Most people are working from home, businesses are creating new ways to provide for their customers, and most states are issuing stay-at-home orders. So whether you’re living in Dallas or you’re living in Miami , you’ll likely be spending most … Read More

How US Cities Will Fare in the Coronavirus Led 2020 Recession

Build RealtyMarket News

Affordable homes and low exposure to volatile industries should help some metros weather the storm Affordable East Coast and Midwest cities have the lowest overall economic risk in the 2020 recession that began in March, according to a new analysis by Redfin. The one-two punch of the coronavirus (COVID-19) and an oil price war between Saudi Arabia and Russia has … Read More

Self-Care Tips to Practice at Home While Social Distancing

Build RealtyMarket News

As the world continues to deal with the coronavirus pandemic, health officials are recommending social-distancing and self-quarantine practices to slow the spread of the disease. This means, for the foreseeable future, we’ll be spending a lot more time at home. Our daily routines will shift, we’ll be without the face-to-face social contact that helps keep us feeling connected and positive, … Read More