Pandemic Causing Waves

Pandemic Causing Waves

Competition in the suburban commuter markets has grown fierce.

Areas that have seen declining values for years are suddenly attracting flocks of buyers.

Multiple competing offers, a phenomenon last commonplace in the run-up to the housing market collapse, are the norm again for listings in turnkey condition, and especially if they’re priced under $1 million.

Demand for single-family rentals is also unrelenting — and landlords are cashing in big-time.