Houses that sat unsold for hundreds of days are flying off the market - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Suburban houses that had been on the market for hundreds of days are now flying off the market — and it shows just how much the pandemic stands to redefine real estate

snatched up by New Yorkers during the pandemicNew Yorkers are buying homes "sight unseen" in Connecticut towns and New York's Hudson Valley and Catskills regions, per real-estate agents. left the city during the pandemic for areas like the Hamptons, upstate New York, and Connecticut.

The pandemic is transforming both residential and commercial real estate, prompting an exodus from major cities and calling into question the future of traditional offices.Suburban houses in Connecticut and upstate New York that have lingered on the market for months or even years are being, Michelle Sinclair Colman reported for The New York Post.

Real-estate agents say that demand has skyrocketed since March in towns like Darien and Salisbury in Connecticut, and the Hudson Valley and the Catskills in upstate New York. "Folks are buying sight unseen," Jeff Serouya, a Berkshire Hathaway agent in the Hudson Valley, told the Post. "And at a time when we're not able to meet with clients, with guidelines imposed on us to get properties shown without putting anyone in danger."Homes by the water in Darien, Connecticut.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Can’t imagine why.

Very interesting news..

The great NY exodus. Fuck California too.

Fk

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Look inside a modern Colorado ranch home made of shipping containers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That is so nice!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mortgage applications rise 18% as demand returns to the housing market - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Meaning it's not the time to buy a house yet Confused here - recovery from what exactly? You're talking about a year ago - pre-covid...
Source: BusinessInsider - 🏆 729. / 51 Read more »

NYPD cancels officers' regular days off amid George Floyd protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Brazil registered record number of coronavirus deaths over the last 24 hours White America must step up not just for peace, but for justice many white Americans cannot admit that the country's criminal justice system and police culture... Honestly not good as lack of sleep/time off will add to the tension and poor decision making skills over time
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market crash coronavirus: Insider account from Bank of England - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

What do buy ahead of 20%+ stock market rally over the next year: BofA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »