The Housing Market Flux: What New Policy Holders Want

With more people now working from home in the wake of the pandemic, homeowners are realizing some important things:

1) the house trait that used to bug them a little now bugs them a lot

2) in order to continue working and schooling from home, they may need a different living space

3) they’re now free to move someplace else since they work remotely 

These realizations, plus the rise of millennials buying first-time homes, have spurred a major flux in the housing market. According to the National Association of Realtors, almost 9 million Americans moved between the start of the pandemic and October of 2020, and the housing market continues to be more active than normal. The flux is opening up many opportunities to advise clients on how to protect themselves during their transitions and in their new homes.

In order to take advantage of these opportunities, it’s helpful to understand homebuyers’ priorities and expectations in relation to their home purchases. What features are they looking for? What kinds of protection will they need in their new locations? Learn more in this PWC consultants article HERE. 


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