Tuesday, June 2, 2020

A Surprising Shift to the ‘Burbs May Be on the Rise



A Surprising Shift to the ‘Burbs May Be on the Rise

While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Sharon Robie and Beth Albanese, Realtor Sales Associates at ERA Justin Realty highlight some reasons for the rise in this shift. “Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if you can also walk to some of these hot spots and have a short commute to work. The trade-off, however, is that highly populated cities can lack access to open space, a yard, and other desirable features,” they state.  These are the kinds of things you may miss when spending a lot of time at home. When it comes to social distancing, as we’ve experienced recently, the newest trend seems to be around re-evaluating a once-desired city lifestyle and trading it for suburban or rural living.

As the economy reopens, the impact on consumer preferences will likely shift buying behavior. Consumers are already looking for larger homes, bigger yards, access to the outdoors and more separation from neighbors. As we move into the recovery stage, these preferences will play an important role in the type of homes consumers will want to buy. They will also play a role in the coming discussions on zoning and urban planning. While higher density has been a hallmark of urban development over the past decade, the pandemic may lead to a re-thinking of space allocation.

Today, moving outside the city limits is also more feasible than ever, especially as Americans have quickly become more accustomed to – and more accepting of – remote work. This trend may continue for the unforeseeable future, while businesses re-evaluate their business models. 

If you have a home you were thinking about selling, you may see an increasing number of buyers looking for a property like yours. Likewise, if you’re thinking of buying to finally leave that City lifestyle, now is the time to consider looking at homes for sale in the burbs. Beth and Sharon, or any of our experience real estate professionals, are here to help make it happen! We are your area’s Full Service & Experienced Real Estate Company for over 50 years. Call 201.939.7500.


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