On the Move: Spring Market 2021
This month’s newsletter is all about the “move”. Whether it’s down the street, across town or across the US, Americans are moving! For so many reasons, homeowners are rethinking where they need to live and what spaces they need in a home. As part of our HOMECOMING program, we have strong relationships with real estate colleagues across the country to help us understand these trends and to be a resource for our clients moving out of our area.
Back at home, we are seeing a unique spring market unlike any other in recent memory. Low inventory levels coupled with sky-high demand has driven our median sale prices to historic levels in our core markets. The demand is coming from typical sources (buyers moving from city to suburbs) but also from homeowners who have re-thought where and how they live since the beginning of the pandemic. Our group has been working hard this spring to help both buyer and seller clients navigate this challenging market. We have highlighted below some new, pending and sold properties from the past few weeks.