Homebuying Demand Just Keeps Getting Stronger

6/16/2020

Homebuyer Interest in Single-Family Homes Jumps to Four-Year High - Redfin

becomes less important. Specically, she has seen a spike in interest in West Seattle—a neighborhood that has relatively low housing costs but was previously overlooked by many buyers due to the long commute and the closure of a key bridge to the city center. Now, that’s less of a factor, she said. “Before the pandemic, buyers wanted to be walking distance from the park, but now they want their own private outdoor space so they don’t have to go to the park. I’m even getting more questions about whether homes have enough space for hot tubs,” Godwin said. “We’re seeing this shift from, `Let’s settle for a two-bedroom home and buy something bigger later’ to `Let’s get a three-bedroom house because we both need an ofce.’”

   

Lily Katz As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender inequality and housing affordability. Prior to working at Redn, Lily spent four years as a reporter at Bloomberg News in New York City.

 Email Lily

Tour homes without leaving yours

Learn More

See Latest Coronavirus Housing Market News

https://www.redfin.com/blog/interest-in-single-family-homes-reaches-four-year-high/

4/9