As a result of the Coronavirus, so much has changed for all Americans. No one could have imagined in such a short period of time how our lives would be so dramatically altered. New York State, being among the hardest hit in the nation, has seen its residents rethink not only where they live but how they will live in the future.
The Rise of the Remote Workplace
In the past, working remotely was limited to a small percentage of the public. Out of necessity, that has changed overnight. It now appears that remote work will be a permanent fixture of the new workplace landscape, allowing individuals more freedom in choosing their primary residence.
The New Buyer Priority List
At Beach & Bartolo, we are experiencing an unusually high number of inquiries from families seeking alternatives to large city living. Many have secured short-term rentals to give themselves time to find a permanent home. Their requirements are specific:
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Privacy & Acreage: Homes with space to breathe and land to enjoy.
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Connectivity: High-quality, reliable internet access is now a non-negotiable requirement.
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Commuter Access: Proximity to Amtrak or Metro-North for easy, quick access back to the city when necessary.
A Competitive Market Landscape
The pressure on our local market is unprecedented. We are seeing buyers make offers on homes based solely on virtual tours, sometimes without ever stepping foot on the property.
With less than 400 active residential properties on the market in Columbia County at this time, limited inventory coupled with high demand is sure to drive home prices higher in the coming months.
Making Sound Decisions
As you navigate these changes, our team is here to help you make sound, informed decisions for your family’s future. Above all, stay safe.
