Category: Real Estate

Learn more about Memphis real estate.

white stucco house with cactus garden under a blue sky

How has the Real Estate Market Shifted in 2021?

Looking back over the last two year, we have seen a lot of changes take place in the Housing Market. From the way houses are sold to mortgage rates, from home values to inventory, it is clear that the market has adapted to the many shifts that have taken place. The pandemic being a driving force behind new patterns and consumer behavior, these changes may be more permanent than we first imagined. What are some of the shifts that caused a major impact to the real estate industry this year? What will fade away and what is here to stay?  Expert Predictions for 2022 Working from home has become a major shift that seems to be around for good. Spending more time at home has caused homeowners to reevaluate what is important in their living space, and a home office has become a necessity for many workers. The pandemic has prompted more people to cook their own food, garden, and enjoy their leisure time at home. As a result of these factors, along with the rise of monthly rent, living within city limits has become less of a necessity. Potential homebuyers expanded their search to the suburbs for more affordable

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