Get all your news in one place.
100's of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
Business
Rae Hartley Beck

COVID-19’s long impact on the housing market

The coronavirus pandemic has had profound impacts on the housing market. House flipping and residential real estate investing have risen drastically, with real estate analytics firm CoreLogic reporting that investors bought a record high 28 percent of all single-family homes in the first quarter of 2022.

With the rise of remote work, the type of homes we want to buy has changed with buyers consistently wanting bigger homes in lower-cost areas like Texas.

The initial lull in home sales at the very start of the pandemic quickly turned into a white hot sellers market with buyers offering over asking price and even waiving home inspections.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.