70: Post-Pandemic Boom Markets to Cool Off “Sharply” w/Redfin’s Taylor Marr

On The Market · Jan 16, 2023 · 57m

The housing market is a living, breathing organism, constantly moving, with each real estate market playing by its own rules. Thanks to the individuality of the American housing market, homebuyers had the flexibility to choose where they wanted to live as soon as the 2020 lockdowns took place. No longer did homebuyers have to purchase a house that was close enough to the office. Since many worked remotely, the entire country became their office, and a slew of newly nomadic workers decided to settle down in states both far from and near home.

These migration patterns changed the landscape of…