How The Pandemic Impacts Real Estate

People ask “How has the Pandemic changed the way consumers shop for Real Estate?” There is no doubt that the virus has effected all of our lives in so many ways. First and foremost, fear of contracting the virus remains for all of us, our most serious concern. Buyers, Sellers, and Real Estate professionals continue to follow the sound guidelines of the health experts. Fortunately, the internet has become an even greater vital tool for consumers to get all the information that they need as they begin their search. Lately, they have come to rely more on a local agents who can do all their leg work. They can preview potential homes, and make sound suggestions and recommendations. Also, as a result of so many people now being able to work remotely, there is no longer any urgency to live near one’s place of business. More and more people are making major lifestyle changes, including moving to areas like ours. As long as the virus continues to be a real threat, and social unrest becomes a looming concern, it appears to me that these trends will continue well into 2021.