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How the Pandemic is Changing Homeowner Preferences

According to a recent survey from the National Association of Realtors (NAR), nine in 10 Realtors® say their housing markets are in recovery mode, with many reporting their markets performing better now than a year ago. If you’ve followed along with Latter & Blum’s social media pages, you know that our local experts have consistently said that real estate would be one of the driving forces behind economic recovery, and we’ve certainly seen that here locally. 

But while the market has remained active, the wants and needs of home buyers and sellers have changed dramatically. NAR also just released its annual profile of home buyers and sellers with a large focus on how COVID-19 has affected consumer activity. Let’s focus on pre-and post-pandemic trends over the past year and 6 ways the pandemic is changing the preferences of American homeowners. 

Are you like a lot of Americans with changing preferences when it comes to housing and meeting one of your core needs? If so, or even if your wish list looks different than this, I’m here to help as your local trusted Latter & Blum advisor. Let’s connect today. Latter & Blum is always building the life you love.

Monika McKay »
Monika McKay Cell
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Monika was an absolute pleasure to work with right from our first phone call all the way to helping me find the perfect home in New Orleans. I had never visited the city before, and Monika took the time to show me various parts of the city to find the area that would work the best for me. She even took me to one of her favourite bakeries across the street from a potential apartment so I could try my first slice of King Cake! She stayed on top of the entire process, ensuring we got to see as many places as possible in a short period of time and eventually finding me my dream apartment. She followed up on every step of the process afterwards, including conducting walk-throughs, helping me with proper documentation and explaining all processes to me. Not only was she diligent, she was passionate, and seemed just as invested as me in making sure I felt happy at home. Working with Monika made a world of difference in getting settled in to a new city. Thank you Monika!
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