As we wrap up a challenging year and look ahead to better times, it is safe to say that Greater Boston real estate was a bright spot in an otherwise gloomy year. Home sales in Greater Boston were strong, with homes selling quickly and competitively. Inventory remained low, but an active market meant multiple offers and buyers extending their home searches far and wide.
The real estate market in our area typically remains steady during difficult times, and this time was no different. In this case, a unique driving factor was that working, schooling, and living would occur out of the home more than anyone could have imagined a year ago. And when two home offices and two or more in-home classrooms are all under one roof, it can get a little – cramped.
As a result, we saw a demographic shift out of high-rise condos in the city and into the homes and converted condos of the suburbs. Elevators, shared spaces, common areas could make life downright difficult during a pandemic. On the flip side, Greater Boston homes with yards, extra space for offices (or just separation of space in general) – took off.
When our world turned upside down in March, we were all ‘flying the plane as it was being built,’ as they say. But even with incredible uncertainty early on in the pandemic, we were one of the first real estate teams to suspend our open houses and put the safety of our clients first. We adapted by providing private tours and equipping buyers with hand sanitizer, gloves, and masks.
In a time of upheaval, we provided our input, insights and expert advice so our buyers and sellers could understand the current climate and assess the best course of action at that time.
We implemented new technologies, including virtual tours, live walk-throughs and live webinars to reach potential buyers for our sellers, and to help clients understand a real estate landscape that changed almost weekly.
But with all these changes, there has been a constant that the Home Advantage Team has relied on for more than 30 years in the business.
Whether it’s a pandemic, a recession, political unrest or economic fluctuation, The Home Advantage Team approaches uncertainty by adapting and adjusting. But our unwavering constant in the face of any challenge is and has always been, putting the best interest of our clients first.