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In the past year, the United States has seen a ton of change. While this is true of every year, 2020 was truly a one-of-a-kind year. These sweeping changes were present in all levels of American society, and one big area that reflected the changing nature of the United States was the real estate market.
With COVID-19 causing an impact in many industries, it’s no surprise that this has extended to the real estate market. It particularly had a big impact on luxury home trends. For instance, more people are looking for homes with enough room for an office space, since most companies have implemented remote work. There’s also an increase in demand for outdoor space and swimming pools as more public places have remained closed. Across the US, the pandemic has affected residential real estate markets in drastic ways.
