COVID sure changed the real estate market. Everybody knows that. For a while everybody was stuck at home and wanting home offices and separate rooms for things like exercising. Rates got so low that everybody decided to move up the property ladder. A lot of people realized life is short and went in a new direction.
I knew things would eventually stabilize and get back to normal.
The one thing I didn’t realize was that there were a lot of people who had plans for 2020 that were put on hold during COVID. Job searches, marriages, starting families…..and moving. These people are now feeling comfortable enough to resume the plans they had early in 2020. I’ve had several people reach out to me lately who are going to make some major changes in their lives this year.
I am sort of amazed that I didn’t see this coming. I guess like everybody I was so focused on all the changes due directly to COVID that I didn’t even think about those whose plans were interrupted.
Many other realtors I have talked to have said their pipelines are filling up for the year.
I think the 2023 real estate market may surprise us with how well it turns out.