Emerging Trends of the New Homebuyer
The pandemic saw a major shift in almost all segments of consumer habits. The real estate sector was not immune to these winds of change. While an initial wobble and a period of uncertainty definitely led to a dip in demand, a new direction and path was also shaping up. Below we specify four big learning’s for new home buyers. The Need for Space Space has always been an important factor in real estate purchase decisions. It has also always been looked upon as a premium factor. The greater the space available, the greater the price one has to pay. As COVID-19 forced people to live, work and play indoors, a newfound appreciation for the importance of space was born. What was once seen as a premium was now looked at as a necessity. A parallel conversation was also happening with regards to topics such as using colors to give a greater impression of space or smarter utilization of nooks and corners for a better utilization of existing areas. What all of these indicated was that the w...