The COVID-19 pandemic has had a dramatic impact on people’s lives in many different ways. One way that the world has changed is the way that people look for homes. Due to the pandemic, there have been some swings in home buying patterns. While some of these trends likely will not last much past the end of the pandemic, others are bound to stick around longer. Check out the home buyer trends that we will continue to love once the pandemic is over.
More Space in the Home
One of the trends homebuyers will continue to love once the pandemic is over is the need for more space. While people used to be content living in busy cities and smaller homes, this has changed during the pandemic. As local amenities have closed and people need to separate as much as possible, having a home with more space has become ideal. While there will continue to be a demand for people to have a space that is close to work and fun, the trend to move towards the suburbs and even further out is anticipated to continue even after the pandemic is over.
Outdoor Living Space
While having room in your home is important, so is having space that is outside. Those that lived in the cities likely never felt the need to have a large outdoor space as there were always parks and other outdoor amenities to enjoy. However, with the pandemic, many of these amenities were closed and people needed to stay much closer to home. This led to a 2020 trend in which more people than ever before considered an outdoor living space and large yard to be a major selling point for a home. Buyers going forward are likely to continue to want to have this additional space to stay active and have fun.
Dedicated Office Space
Even prior to the 2020 COVID-19 pandemic, more and more people were starting to work from home. While there was slow growth with this trend, it is something that increased dramatically during the outbreak. Due to this, many people were in need to find a home where they had space for a desk and a small office. Going forward, it is expected that there will be a high rate of people that never actually return to the office. Due to this, the need for dedicated and quiet office space will continue to be a necessity.
One factor that a lot of people did not think about prior to COVID was a ventilation system in their home. While people have always wanted a home that had plenty of fresh light, having windows that are situated to allow fresh air to flow through is more important than ever before. Going forward, this will likely be a factor that people will look for when they are going to purchase a new home.
Prior to the COVID-19 pandemic, many of the design trends in real estate were surrounded around modern finishes that looked great and were stylish. However, during 2020 the typical home went from a place where you could entertain and show off to a place where you spent the majority of your time. Along with this, people wanted to ensure that they had a home that was comfortable and cozy. These design trends have changed the way people decorate their homes and live. Many of these trends are bound to continue in the coming years as people will want to ensure they have a great place to relax.
The real estate market in 2020 has been one of the most interesting and unexpected real estate transitions in a long time. This year, the market has been impacted by the COVID-19 pandemic, which has changed the way a lot of people shop for homes. While some trends that grew this year will come to an end, there are a variety of others that are bound to stick around for 2021 and beyond.