The 2020 U.S. homebuyer: New price ceilings, new housing needs

By Andra Hopulele | Point2Homes

Almost overnight, our homes became our everything. But after forcing everyone inside, the pandemic laid bare the inadequacies and shortcomings of our homes.

Families with children cooped up in two-bedroom apartments and people stuck in crammed studios had to live their entire life out of their living rooms and kitchens. Needless to say, this sudden change in lifestyle had a major impact on homebuyers’ needs and expectations.

So, to map out the current profile of the U.S. buyer and compare housing preferences and priorities of home seekers before and after lockdown, we examined five months’ worth of search behavior on the Point2 real estate marketplace.

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