Real estate has been heavily affected by the pandemic and has surprised property managers, investors, and experienced real estate agents with how important new technological advances have become for their industry. Emerging trends, like virtual showings, was the new norm and needed to be embraced rather quickly to keep up with the demand of homes.
We've discussed that real estate is one of the best investments you can make, and it isn’t just from a financial standpoint that it is beneficial but other factors like, pride of ownership, giving yourself a safe space that allows for a sense of security and privacy. It also encourages you to participate in your neighborhood and community.
“Affordable housing is housing which is deemed affordable to those with a median household income or below as rated by the national government or local government by a recognized housing affordability index.” As home prices increase and interest rates are still low, can consumers still afford the $250,000 home when bidding thousands of dollars over that asking price?
Traditionally, it’s usually right after school ends that people make the decision to list their home for sale and search for a new one. The shortage of available homes is having many people gear up and make their best offers possible, but will there be any more homes to hit the market?
We’ve been cooped up in the house for so long and adapting to the working from home that certain rooms, items, or entire spaces don’t spark anymore joy – you’re feeling uninspired by your surroundings. It’s okay! There are easy (and inexpensive!) ways to feel stimulated and elated in your home.