Real Estate Trends – 2020

TRENDS2020

COVID brought a bit of creativity to real estate. Here are some trends that emerged for 2020!

  • SPACE – Everyone wants space! Office space, exercise space, outdoor space. Functionality is top of the list. I think downsizing and tiny homes will be at the bottom of the list
  • LOCATION INDEPENDENCE AND/OR SECONDARY HOMES – Work from home has stirred a bit of creativity in people. We are seeing more buyers of secondary homes and particularly homes in the country or on waterfront. Location is only dependent on internet quality.
  • OUTDOOR EXPANSION – With the inability to travel, more money is being spent on making getaway escapes in backyards with quiet nooks or other welcoming spaces.

 

Also check out Kingston & Area – 2020 in Review