Urban Dwellers Pick Up The Pace On Looking For Homes In Suburbs And Beyond - News Summed Up

Urban Dwellers Pick Up The Pace On Looking For Homes In Suburbs And Beyond


© Bloomberg Finance LP 2014In crowded housing markets hit hard by the coronavirus pandemic, city dwellers are looking at where they want to live through a new lens. Demand in Riverside was heavily driven by Los Angeles residents, while the market also saw demand from San Diego searchers. Sacramento homes were primarily viewed by home shoppers from San Francisco, San Jose and Los Angeles, which could have been prompted by remote workers seeking affordability and more space. “Even before the pandemic, the Midwest didn’t have the same job strength as the South and the West,” said Hale. “Because it didn’t have the job strength, it similarly didn’t have the housing market strength.


Source: Forbes August 10, 2020 13:04 UTC



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