As shelter-in-place orders were issued due to COVID 19, houses across the country doubled as offices, classrooms, gyms, places of worship, and much more. This unusual time has revealed just how much we look to our homes to provide a sense of stability, safety and comfort.
Americans have long been known for caring deeply about homeownership. For some, it represents the next step in adulthood, a sign of financial independence or the ideal setting for raising a family. For others, it means putting down roots and investing in a community.
The housing market is also vital to our economy. The National Association of Realtors estimates that for every two homes sold in the U.S., one job is created. Forbes.com explains: “With each home sale, there are expenditures related to lawn care, home remodeling, new furniture, mortgage origination, moving, and an inducement to build new homes.”
In spite of recent economic challenges, resale properties continue to be in very high demand. This is true largely because buying a home is an extremely personal decision based on the needs of each individual or family. If you’re ready to buy or sell, let’s talk soon to discuss your unique circumstances.