Not surprisingly, many Americans are moving – or wanting to move - for a variety of reasons at this hour.
A recent study revealed these key points regarding why people have chosen to move recently, resulting from the pandemic’s influence on their decision:
- Concerns for personal family health and wellbeing;
- Desires to be closer to family;
- Changes in employment status or work arrangements;
- Desires for lifestyle change / improvement of quality of life.
New perspectives on homeownership have inspired the following reasons for why families are reconsidering where and how they live, and why moving is important right now.
Working from Home.
Remote work has become a new reality for many professionals, and this trend (of sorts) has lasted longer than originally expected. Since so many in the workforce are no longer tethered to a physical job site, they are finding they can own a larger home in a outside city limits, and are moving forward accordingly.
Experts suggest that residential migration among professionals is on the increase and will continue as the pandemic wanes, especially because most small homes are not ideally suited for working from home.
Room for Fitness and Activities.
When the pandemic originally called for shelter-in-place, the call for in-home gym equipment ran at an all-time high, with shortages and backorders prevalent. Staying healthy and active is a top priority for many men, women, and children, and home gyms have become a top priority in homes by now. Space for exercise, hobbies, and family fun is high on wish lists.
Within the last year, awareness and focus on mental health and wellbeing has also become extremely important, rightfully so. Staying fit and physically healthy has a very beneficial impact on one’s lifestyle on many levels, including mental and emotional.
Outdoor living trends for 2021 are said to begin with the following:
- Outdoor Kitchens: 60% of homeowners are looking to add outdoor kitchens.
- Edible Garden: Millions of people began gardening during the pandemic . . . to supplement pantries with homegrown fruits, vegetables, and herbs.
- Secluded Spaces: As outdoor activity increases, so does the need for privacy.
Many current homes do not have space for these designated areas.
When it comes to needing more space to accommodate a family’s changing needs, there’s no time like the present to upgrade a home. With low mortgage interest rates, it is entirely possible to get more home for the money like never before.
My team at Dennis Hartley for Homes, and our own South Bay Real Estate is waiting to show you what’s new. Reach out to us today.