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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