Changing needs As Covid-19 altered the working landscape, increasing numbers of people had to start doing their jobs from home, and this has created a demand for more functional home workspace options says Lee Blythe
Buyers turned to building new homes. This
the kids, home gyms, larger pantries, in-law
spending more time in their
has created an incredible boom for new home
or Millennial suites, and large outdoor living
homes than ever before
construction that we expect to continue
spaces with fireplaces or fire pits.
in our lifetimes, people’s
through 2021 and beyond.
ith millions of people
expectations from their homes has taken
Buyers are out in force seeking bigger, more functional homes to accommodate their new
a dramatic cultural shift. Coupled with
remotely, we are seeing people moving from
historically low interest rates, many people
big cities to suburban and rural areas and from
are motivated to make the move to a new
apartments to single-family homes. People
want more space indoors and outdoors so
The demand for new workspace options
they don’t feel cooped up while spending
Life has changed dramatically for most people
more time at home.
over the last 13 months. More adults in the
Largely due to the uncertainty with Covid-19, most owners of pre-existing homes decided not to place their homes on the
Now that more people than ever can work
Owners expect more from their homes
lifestyles and needs.
workforce than ever need to be able to work
market. This reduced the inventory across the
than ever now. Popular features in the past
from home for a few weeks at a time (ie:
year include home offices, study spaces for
during a quarantine period) or permanently.