#HomeSales #LuxuryHomeSales #coronavirus #COVID19 #FlattenTheCurve #pandemic
Demand for luxury homes rose 42 percent I the third quarter of 2020.
That’s according to a Bloomberg News article, also published Oct. 14, 2020, in The Atlanta Journal Constitution.
“While banks tighten credit for first-time buyers, the pandemic is hammering Americans who don’t have the privilege of working remotely,” the article says.
But for those with more portable jobs, or the wealthier among us, it’s very different.
“The wealthy are benefiting from a surging stock market and mortgage rates near record lows,” the article says.
And, those with jobs that allow them to work from home are looking for more space to do that.
“The luxury housing market normally takes a hit during recessions as wealthy Americans tighten their purse strings, but this isn’t a normal recession,” the article quotes Daryl Fairweather, chief economist at Redfin, a real estate Web site.
As we ponder this, it begs the question: where do you fit in?
Are you one of those who has a job he or she must go to outside the home? Are you wanting to buy a house, but are running into balky banks who fear that your job will not be stable for the long term?
Or, are you a person who can work remotely, but, perhaps, that job, combined with having to educate kids from home etc., is eating you alive?
Or, are you afraid of getting sick just by conducting what you see as a normal life?
If any of these descriptions fits you, and you are motivated to change your life, know that there are many vehicles out there that can allow you to do that. And, you can take advantage of these programs from the comfort of your home – luxurious or not. The only requirement you need is the willingness to check them out.
To learn about one of the best such programs, message me.
Many of us dream of perhaps having a different home, with more space. Some of us may not necessarily want more space, but may want to live someplace different.
No matter your situation, you have the ability to make changes should you want to. You can’t do much about the pandemic, but you can adapt to the conditions it presents, and potentially prosper while adapting.
Or, you can curse the pandemic and wallow in your circumstances.
Which type of person are you?
Do you swallow, wallow and curse your circumstances? Or, are you the type to take matters into your own hands, and use adverse circumstances to make your life better?
Certainly, dealing with a pandemic is not easy. Sacrifices must be made to preserve one’s life and livelihood. But it may also be a time to evaluate what was your “normal,” and determine whether it was worth re-creating.
Sometimes, one has to think outside the box to package his or her life differently. A pandemic may be the perfect time to evaluate your packaging, and, perhaps, improve it accordingly.
Peter