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Showing posts from November, 2020

2020: Retrospective Review of Real Estate

Written By: Jacquelyn Annete García Vadnais There have been many shifts in the real estate market in 2020 due to the Covid-19 Pandemic and shift in wealth that is currently occurring in the United States economy. Both buyers and sellers should be aware of these shifts in order to be able to make the best possible decisions as 2020 ends and the Covid-19 Pandemic continues. In order to learn more about the most recent trends in the real estate market, review the information below: Important Real Estate Trends to Consider Increased Demand for Square Footage Since many individuals have had to quarantine, there has been a demand to have more square footage . This trend will continue as more individuals are required to stay home or more employers decide to invest heavily in remote work options. As individuals stay home more, the size of their house will gain more importance to them, which could cause an increase in pricing for larger square footage homes and apartments. Home Office Considera