An Evolving Housing Market

America’s housing market is in transition.

• More than 1 in 10 Americans moved at some point  during the COVID pandemic (Zillow)
• Over half of employed Americans say they desire to work from home most or all of the time and another one-third want to work from home some of the time
  (Pew Research Center)
• Almost 60% of new residents of single-family rental homes moved from urban locations (John Burns Real Estate Consulting)

At the same time, new home ‘for sale’ construction has not kept pace with the demand for housing.

As home prices have increased in response to growing demand, more Americans are being priced out of the market.

At the same time, Americans are looking for more options in the search for housing.