Here are some post pandemic predictions according to Forbes.
→ Buyers will upsize – especially those in smaller condos or city spaces who were cramped during Quarantine.
→ Outdoor space and home offices are moving to the top of the must-have lists – having a great outdoor space is predicted to be in high demand, whether it’s a bigger yard, nice amenities like a pool or hot tub, or a rooftop deck for people in the city.
→ Construction prices will rise – when builders are ready to get back to work, its predicted that we can expect delays in the permitting process and increased costs as the supply chain recovers.
→ The demand for touchless technology is predicted to increase – remote access for locks and thermostats will become standard
→ Boutique building townhouses will increase in popularity over large developments to eliminate issues of shared spaces such as elevators and gyms.
What do you think?
Do you agree with these predictions?
Would love to chat with you about it.
