With many people continuing to hunker down in their homes during the ongoing pandemic, home-buying habits have gone through a sizable shift, both in Seattle and across the United States.
“Nationwide, the pandemic caused massive changes in buyer behavior,” a recent study from real estate researchers at Point2 noted. “From square footage and number of bedrooms to access to outdoor amenities like pools and gardens, the post-lockdown home seekers are not willing to compromise on anything – and they are willing to pay the (higher) price to get it.”
In Seattle, that’s manifested in a marked increase in searches for homes under 1,000 square feet, as prospective buyers have scrambled to get out of apartments and into permanent homes.
Fine more information here: https://mynorthwest.com/2099265/seattle-housing-market-changes-post-pandemic/