The long-term impact of COVID-19 on the housing market | app

The coronavirus pandemic has had a profound impact on the housing market. Home flipping and residential real estate investment have increased significantly, with real estate analytics firm CoreLogic reporting that investors bought a record 28% of all single-family homes in the first quarter of 2022.

With the rise of remote work, the type of homes we want to buy has changed, with buyers constantly wanting bigger homes in lower cost areas like Texas.

This page requires JavaScript.

Javascript is required for you to play premium content. Please enable it in your browser settings.

kAm%96:?:E:2= =F==:? 9@>6 D2=6D 2E E96 G6CJ DE2CE @7 E96 A2?56>:4 BF:42C6: ?DA64E:@?D]k^Am

kAmpD E96 A2?56>:4 92D 364@>6 2 A2CE @7 52:=J =:76[ H9:49 @7 E96D6 492?86D E@ E96 9@FD:?8 >2C<6E 2C6 96C6 E@ DE2Jnk^Am

kAmr~’xs`h 2?5 E96 9@FD:?8 >2C<6Ek^Am

kAmpE E96 G6CJ 368:??:?8 @7 E96 4@C@?2G:CFD A2?56>:4 9@FD:?8 D2=6D 2?5 ?6H 4@?DECF4E:@? :?:E:2==J DE2==65 😕 E96 7246 @7 64@?@>:4 F?46CE2:?EJ] pD E96 DE@42C

kAm#64@C5=@H:?E6C6DE C2E6D[ 72>:=:6D 766=:?8 4C2>A65 27E6C 2 J62C @7 D96=E6C:?8 😕 A=246[ 2?5 DFAA=J 492:? :DDF6D H@CD6?:?8 @FC 9@FD:?8 DE@4< D9@CE286 2== 4@>3:?65 E@ 4C62E6 2? 6IEC2@C5:?2C:=J 9@E 9@FD:?8 >2C<6E]k^am

kAmw@FD6D H6C6 F?56C 4@?EC24E 7@C @G6C 2D<: ac:46 h:e9 e96>2C6?E 7:C>D =@@<: e de2ce65 fa de h2g: da64e:>

kAmx? 2? 677@CEE@4FC3:?7=2E:@?[ E96 u656C2= #6D6CG6 DE2CE65 C2:D:?8 :?E6C6DE C2E6D 😕 |2C49 a_aa] x?:E:2==J E96 9@FD:?8 >2C6D 2C6 DE2J:?8@? E96 >2C6=6G6C286 282: ]k^Am

kAmtIA6CED 92G6 >:I65 AC65:4E:@?D @? H92E 😀 ?6IE 7@C E96 9@FD:?8 >2C@DE 28C66 E92E H:E9:?E6C6DE C2E6D C6>2:?:?8 9:896C[ H6’C6 9625:?8 2H2J 7C@> 2? 6IEC6>6 D6==6C’D >2C<6E]k^am

kAmw@H r~’xs`h 92D :>A24E65 E96 9@>63FJ:?8^D6==:?8 AC@46DDk^Am

kAm’:CEF2= =:DE:?8D H6C6 2=C625J DE2?52C5[ 3FE H:E9 >2?J E2<:?8 D@4:2= 5:DE2?4:?8 C64@>>6?52E:@?D D6C:@FD=J[ G:CEF2= G:6H:?8D 2?5 4=@D:?8D D2H 2 >2DD:G6 ;F>A @G6C E96 4@FCD6 @7 E96 A2?56>:4] “{:DE:?8D H:E9 G:56@ E92E E6== E96 DE@CJ @7 E96 9@>6 H6C6 G:E2=[” D2JD yF=:6 #66D6 2 C62= 6DE2E6 286?E H:E9 y@9? {] $4@EE #62= tDE2E6:? q6==6GF6 (2D9:?8E@?]k^Am

kAmx?5FDECJ 25G2?46>6?ED E92E >2@C6 4@?G6?:6?E 2C6 =:

kAm}6H E649?@=@8:6D E92E H6C6 2=C625J DA665:?8 FA E96 AC@46DD D2H >@C6 25@AE:@?[ >2<:?8 E96 24EF2= 4=@D:?8 AC@46DD 72DE6C] pFE@>2E65 =@2? F?56CHC:E:?8 92D :>AC@G65 2?5 E:>6=:?6D 2C6 72DE6C]p44@C5:?8 E@ #66D6[ “2 J62C 28@ :E >:89E E2<6 E9C66 H66

kAmw@H 92D r~’xs`h 27764E65 9@>6 D6==6CDnk^Am

kAm%96 9@E >2C@E:G2E65 >@C6 A6@A=6 E@ D6== H:E9 “>2?J 6>AEJ ?6DE6CD 2446=6C2E:?8 E96:CA =2?DE@ D6== 2E AC6> :F> AC:46D[” D2JD y2J]k^am

kAmx? 255:E:@? E@ >2C@C6 D6==6CD >@G:?8 @FE @7 DE2E6 3642FD6 @7 E2I6D H: E9 >2?J 8@:?8 E@ 2C62D H96C6 E96J 42?;FDE 86E >@C6 9@FD6 7 @C E96 >>@?6J[” 255D #66D6]k^am

kAm$6==6CD H6C6 @7E6? C646:G:?8 >F=E:A=6 @776CD[ >2?J H:E9 :?DA64E:@? 4@?E:?86?4:6D H2:G65] %9:D =67E =:EE=6 :?46?E:G6 7@C D6==6CD E@ 7:I FA E96:C 9@>6D 367@C6 D6==:?8 E96>[ 2 EC6?5 E92E 😀 =:<6=J E@ C6G6CD6 2D E96 >2C<6E 364@>6D >@C6 32=2?465]k^am

kAmw@H 92D r~’xs`h 27764E65 9@>63FJ6CDnk^Am

kAm%9C@F89@FE E96 A2?56>:4[ DE2E6D H:E9 =@H @C ?@ :?4@>6 E2I6D D2H E96:C A@AF=2E:@?D 8C@H[ H9:=6 FC32? 2C62D 2?5 DE2E6D H:E9 9:89 4@DED @7 =:G:?8 D2H E96:C A@AF=2E:@?D 564=:?6] %9:D:D@? E@A @7 2 86?6C2= EC6?5 2H2J 7C@> 4:E:6D 2?5 E@H2C5D A=246D H:E9 =@H6C 4@DED @7 =:G:?8[ “3@E9 2E E96 368:??:?8 @7 r@G:5 2?5 ?@H[ 3FJ6CD 2C6 =@@<:?8 7@C 2 3:E @7 6IEC2 C@@> 😕 2 9@>6[” D2JD y2J]k^am

kAmsFC:?8 E96 96:89E @7 E96 A2?56>:4 >2?JH@F=536 9@>6 3FJ6CD H6C6 DEC6DD65 2?5 925 2 92C5 E:>6 4@>A6E:? 8 H:E9 42D9 @776CD]“|2?J H6C6 H2:G:?8 4@?E:?86?4:6D 2?5 >2<: bf:4 d e y2j e9 e92e fa c68c6ee65 h:e9 ec a6c46 d2j: e96j c68c6ed e96:c afc492d6>

kAmu:CDEE:>6 9@>63FJ6CDk^Am

kAm(9:=6 E96 >2C6H92E:? C646?E >@?E9D[ E96 4@=@DD2= 8C@HE9 @7 :?G6DE>6?E 7:C>D 3FJ:?8 FA DE2CE6C 9@>6D 😀 8@:?8 E@ 92G6 =2DE:?8 :>A24ED @? 7:CDEE:>6 9@>63FJ6CD DA64:7:42==J] |2?JH@F=536 7:CDEE:>6 9@>63FJ6CD 2C6 36:?8 AC:465 @FE @7 E96 >2C

kAm(:E9 7:C>D =:

kAmxE’D ?@E 2== 5@@>2?58=@@> 7@C 7:CDEE:>6 9@>63FJ6CD E9@F89]pD E96 >2CA6E:E:@?[ 4C62E:?8 E:>6 7@C 3FJ6CD E@ 2DD6DD E96:C 3F586ED[ 49@@D6 E96 C:89E 9@>6[ 2?5 A6C92AD ?68@E:2E6 E@ 2 AC:46 E96J 766= >@C6 4@>7@CE23=6 A2J:?8[” D2JD y2J]k^am

kAmu: ?2= H@C5k^Am

kAm“(96C6 H6 =:G6 😀 H92E 8:G6D FD DE23:=:EJ[ 2?5 9F>2?D 4C2G6 DE23:=:EJ] (96? E96 H@C=5 H2D =:E6C2==J EFC?65 FAD:56 5@H? 3J 2 A2?56>:4[ H96C6 H6 =:G6 3642>6 6G6? >@C6 :>A@CE2?E[” #66D6 D2JD]k^am

kAmqFJ:?8 EC6?5D =:@C6 DA246 7@CJ@FC <:5d e a="2J">6 @77:46 2C6 = :@E6 H@C2: ? A@AF=2C 2?5 4@>A2?:6D DE2J 7=6I:3=6[ =@H6C 4@DE @7 =:G:?8 DE2E6D H:== DE2J A@AF=2C 2C62D 7@C 9@>63FJ6CD]k^am

kAmu2DE6C 4=@D:?8D 2?5 >@C6 @7 E96 AC@46DD 364@>:?8 5:8:E:K65 2C6 2=D@ EC6?5D E92E 2C6 F?=:

kAmpD :?E6C6DE C2E6D 4@?E:?F6 E@ C:D6 H6’C6 F?=:

kAm(:E9@FE >2;@C 492?86D:? C68F=2E:@?D 2?5:?G6DE>6?E EC6?5D[ 9@>6D D@=5 2E E96 3@EE@> @7 E96 AC:46 C2?86 2C6 =:<6=J E@ 4@?E:?F6 E@ 36 D?2AA65 FA 3J =2C86 :?G6DE>6?E 7:C>D[ 7=:AA6CD[ 2?5 AC:G2E6 =2?5=@C5D E@ EFC? :?E@ D9@CEE6C> 2?5 =@?8E6C> C6?E2=D]k^am

kAmW’:D:E q2?Qm32?k^2m]Xk^Am

kAmU4@AJja_aa k2 9C67lQ9EEAi^^q2?Qmq2?k^2m]s:DEC:3FE65 3J %C:3F?6 r@?E6?E p86?4J[ {{r]k^am

Previous Donna M. Treese, 83, of Quarryville died Tuesday, September 20 -
Next Facts about him and his siblings