The market is flourishing
Now that life and work revolve around the home, people are, surprisingly, on the move. Many high-rise apartments no longer like to take the elevator with strangers and look for private homes. Those with private homes in the city may be looking to relocate to less populated areas or finally invest in a country getaway. Others, who now work from home and with children at home all day, are looking for a little more space. “People don’t spend money on entertainment or travel,” says Steve S., whose company stages homes for resale and prefers not to be fully identified for business reasons. “They think, ‘I’m going to move to a home office. “” Here’s who’s not in the market these days: International shoppers and domestic travelers looking for a base in the city.