If you've been thinking about selling your luxury home in Temecula, you may be wondering whether now is the right time.
With headlines focusing on higher mortgage rates and a slower housing market, i...
Published July 29, 2020
Crisis Accelerates Changes
A crisis not only creates change; it can also accelerate it. While remote work and telecommuting were already trending, COVID-19 made this new environment a reality for all those who once commuted to work.
COVID-19 has also changed how we shop, learn, and eat. As a result, many businesses have shut down, turning strip malls into ghost towns. Yet, demand for other businesses has grown.
All of this accelerated change has further impacted real estate. More people working from home now feel cramped in their current dwelling. They yearn for a separate office and place to work out not to mention a pool or large yard.
Suddenly, many people want to move, but where is the inventory? What is the strategy to generate more homes?
Find out in the video above during this week’s market update.
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Liz Jones
Realtor & Team Lead | Jones Realty Group | Keller Williams Realty
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