The Covid-19 impact on real estate is a study in contrasts when the "before" and "after" data is reviewed. Seismic shifts of day to day activities impacted every aspect of life, including residential real estate. The pandemic seems to have changed how home buyers and sellers act and what they value (for now anyway). Also clear; the pre-covid inventory shortage was further exacerbated by shut downs and fears of having people walk through homes. Fewer homes, low rates, increased competition and prices came together. A section of the 2020 national association of realtors report compared the housing market before March of 2020 with that after; some familiar trends were reinforced while new ones appeared.
Multi-Generational Homes are In
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