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Looking to invest in Corona Housing Market?
Here are a few things you should know about this market By Jenny Gonzalez
G
etting yourself a home is one of the greatest and biggest financial moves in a person’s life. In 2021 the value of homes were recorded to be $100,000 higher compared to 2019 to 2020 in the U.S As most American search for larger economic friendly homes and remote work flexibility it means that most American are no longer bound to economic an location time zone. Before getting a house it is crucial to study the market of housing and most important having financial literacy about your own situation, bearing in mind the employment instabilities brought by Covid 19.
Covid 19 has led to many people shifting from high rental apartment to buying single family houses with a backyard. This is because many parents feel like they need to have a pool or a back yard especially those with children doing remote learning and themselves as parent working permanently from home. BEAR THIS IN MIND. Due to covid 19 pandemic realtors set out limited time for show of houses and property and at the same time keep up with the public health regulations. Prospective buyers are hence required to have an approval letter stating how much they are able to borrow in order to purchase a home. JUNE 2022 | 69
