1 in 5 Buyers Wants Designated Space to Work from Home

75% of homebuyers surveyed claimed the pandemic adjusted their options: 25% boosted their timelines, twenty% slowed their timelines and 17% now want a fewer highly-priced dwelling.

SEATTLE – A few-quarters of homebuyers who approach to obtain a dwelling within the next 12 months say the coronavirus pandemic has impacted their homebuying options: 25% claimed it induced them to shift or speed up their timeline, twenty% claimed it induced them to hold off relocating options and 17% are now seeking for a fewer highly-priced dwelling. Especially:

  • sixteen% claimed the pandemic has induced them to want to shift
  • fifteen% claimed it induced them to shift faster than initially prepared
  • six% chose both equally solutions

“Somewhat counterintuitively, the coronavirus-pushed economic downturn is propping up the housing marketplace,” says Redfin Chief Economist Daryl Fairweather, creator of the latest review. “Homebuyer desire is surging despite GDP getting a historic nosedive in the next quarter, largely

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