With the arrival of the new vaccine, we are finally seeing signs that our lives may begin to return to a form of normalcy. However, the impact of this era has changed our perspective on "home" forever.
Redefining the "Commute"
For decades, living near one's place of employment was the primary driver for real estate decisions. That is no longer the case. As we move into 2021, the new influencers on how we choose to live have shifted toward:
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Affordable Housing: Seeking value outside of high-density urban centers.
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Increased Space: The need for home offices, gardens, and room to breathe.
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Less Congested Surroundings: A prioritized focus on health and tranquility.
From Second Home to Primary Residence
Many who left the city during the height of the pandemic to retreat to their second homes in the Hudson Valley discovered unexpected benefits to country life. We are seeing a significant trend of these "weekenders" officially converting their properties into primary residences. Others, inspired by this lifestyle, continue to search the county for their own piece of land.
A Market of Scarcity
Significant challenges remain for buyers. Local availability of residential homes is at a historically low level, with only 350 active listings currently on the market in Columbia County.
The Smart Investment for an Uncertain Future
Owning a home in the country is proving to be more than just a lifestyle choice; it is a smart investment and a safer option for those wondering what comes next. In an unpredictable world, the stability of a home in a community like ours offers a sense of security that is hard to find elsewhere.
