Real estate in 2021: Upcoming trends and key changes
The year 2020 has really changed many aspects of life. In the real estate industry, the pandemic has shifted focus on health, safety, and equality. Real estate professional Eugene Bernshtam shares what's in store for the sector in 2021. Image source: Unsplash.com The search for properties in lower density areas Many are looking for homes in less-crowded areas when it comes to residential real estate. The pandemic has led people to consider moving to places where there are fewer crowds, closer to nature, and accessible to schools, shopping areas, offices, and hospitals. In the US, many people are showing interest in properties in the Sunbelt markets. Experts are also seeing businesses such as startups and other tech companies moving to these cities. Image source: Unsplash.com Lower prices in big cities Many families are moving away from big cities in favor of a suburban lifestyle. Now that many companies are transitioning to a work-from-home setup, professionals no