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.