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Rainmaker
1,890,144
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

Well, if they want rural, I'm here to help! Montana is the place to go. :-)

Apr 07, 2020 05:00 AM
Rainmaker
4,101,857
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I "think" there will never be an end to "predicting" any or all sorts of things.  

Apr 07, 2020 05:52 AM
Ambassador
5,410,996
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

For a while.

Apr 07, 2020 04:56 AM
Rainmaker
911,311
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Most people need to be where their jobs are.

Sure, many are out of work now but I don't see the wisdom in moving somewhere else where the business in which your skills are needed are also shut down.

Apr 07, 2020 07:26 AM
Rainmaker
4,120,436
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Yes, I do. Having moved from NYC to Charlotte 21 years ago where I lived in a coop to a single family home, every day I'm thankful I'm living in a single family home in a much less congested area. How many buyers might do this... that's a whole other question and I have no clue.

Apr 07, 2020 05:53 AM
Rainmaker
744,722
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

I think that's a valid question. I don't see that happening here in the Raleigh area. I have wondered if that might happen in NYC.

Apr 07, 2020 05:39 AM
Rainmaker
1,900,793
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Not in mass David Popoff . I do believe it will be the final straw for those who have considered it for a long time but I don't forsee a big exit.

Apr 07, 2020 07:00 AM
Rainmaker
3,331,523
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It certainly could. We have been flooded here in NH with people from NY, Ct and MA who fled the infected areas for NH. We are afraid they are bringing it with them. The governor just shut down hotels and all short term rentals yesterday. Hopfully not too late. Before this, we had already seen a large amount of relocation buyers from the cities looking to get out

Apr 07, 2020 04:49 AM
Rainmaker
1,723,405
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

Current situation is a little broad.

I am thinking that many people will leave IL because of the outrageous taxes & our idiot governor. This just multiplies the problems we already have.

People have been leaving the city (Chicago) for ages now. Surprised it's got anyone left.

 

Apr 07, 2020 07:33 AM
Rainmaker
889,027
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Now that individuals AND companies have first had experience of operating without a physical location, a new business model may be much more attractive. It is not so much FLEEING the city because everybody is infected but the dream of country living with a city income and no commute. it may prove the inspiration behind decentralizing.

Apr 07, 2020 04:59 AM
Rainmaker
2,808,236
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

In general no for the long term, and it hasn't with other pandemics.

But, short-term here in NY, especially among higher end customers, more will move to suburbs like both of our counties, just like they did after 9/11.  This may happen for next 2-3 years (IMO) and then get back to steadier flow where people may be in City when younger and trade up to house when they start a family and want more room and better schools like it's always been.

Apr 07, 2020 04:38 AM
Rainmaker
2,079,817
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The speed increasing to leave cities, head to the hills and hunker down or retire in small rural areas is what I am seeing. It was always the plan for many to leave population centers. The coronovirus just gave it a jump start to boost the momentum. Lower cost of living helps make the decision on where to bail out to and relocate. No debt, no crime, more space helps the where to pick. Make sure your community page is buffet loaded with information, images, videos, blog posts. What's not to like? My town has its own power utility, Internet company, dairy and is so self sufficient. High speed telecommute, bring your job and work remotely is so easy now. You are working remotely now from home, why not do the same in Maine the thinking our emails, phone calls are saying. My small Maine town invested in the right areas as everything turns cyber from malls to real estate showings using video.

maine farm photo

Apr 07, 2020 04:37 AM
Ambassador
3,273,490
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

You know, this type of trend has been happening on and off for many years.  I remember clearly when CA folks were folking to move to northern AZ way back in the early 90's.  We had a ton of relos that couldn't believe our prices and size of homes for the buck.  Same thing been going on for years....for many reasons. This could be another reason.

Apr 07, 2020 09:57 AM
Ambassador
3,058,105
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Doubtful.  

Apr 07, 2020 09:56 AM
Rainmaker
991,615
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I don't have a crystal ball but I would think not. People like the vibrancy of the cities

Apr 07, 2020 08:19 AM
Rainmaker
543,109
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

Not everyone is cut out for Green Acres, and the commute time is likely a factor. Always have some with knee jerk reactions, such as when gas prices spike, move closer to town.

Apr 07, 2020 08:05 AM
Rainmaker
2,642,112
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Absolutely worth considering...even the best Hollywood end of the world movies didn't prepare us for true reality. 10 acres, with water, a garden, some animals looks good however city people will need time to adjust. 

Apr 07, 2020 06:43 AM
Rainmaker
762,352
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Yes.  I absolutely think that will be an immediate trend; will be interesting to see to what degree & for how long. 

Apr 07, 2020 06:38 AM
Rainmaker
4,212,856
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Nope. the trend in Chicago is flee the suburbs for downtown. Why? who knows!

Apr 07, 2020 06:22 AM
Ambassador
3,039,280
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I'm a market of MANY second/vacation homes and lots of people have come to them to ride this out who live in cities.

Apr 07, 2020 12:40 PM
Rainmaker
6,609,858
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No. The pool of buyers will be reduced due to income and credit issues.

Apr 07, 2020 10:34 AM
Rainmaker
5,590,219
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Possibly.  One of our neighbors is an estate manager for a family who owns several ranches as well as two homes on the beach.  The family and friends  are all here at the present moment and flew in from different parts of the US.

Apr 07, 2020 09:53 AM
Rainmaker
1,232,533
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Buyers live where the jobs are located, the school districts are stellar and the lifestyle is supported.

Apr 07, 2020 08:46 AM
Rainmaker
822,102
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

That's quite possible, which might also mean urban prices will adjust down.

Apr 07, 2020 08:23 AM
Rainmaker
1,324,938
Donald Urschalitz
Lubeck Realty Group - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

I believe if there are job opportunities.

Apr 07, 2020 08:05 AM
Rainmaker
4,942,500
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have always had potential buyers wanting to get out of town and get more land.

Apr 07, 2020 07:38 AM
Rainmaker
666,578
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Yes, it's possible as long they find a job in other Cities. 

Apr 07, 2020 12:47 PM
Rainmaker
895,150
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

95% of the world lives on 10% of its land . . . random trivia for today!

I think it has been happening for a while . . . I know of quite a few friends and clients who ran screaming from CA . . . as we did after the LA Riots in 1992! 

Not just suburbs . . . we talk to folks all the time who want to be in very rural areas . . . no more zero lot lines.

Apr 07, 2020 05:03 PM
Ambassador
2,606,561
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Buyers were doing that already prior to the Covid-19. Who knows what people will do once this is over? Unable to predict David.

Apr 07, 2020 04:18 PM
Rainmaker
645,708
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Santa Clarita & Aliso Viejo

People that can live in the Suburbs already live there.  The people that can't are staying due to economics or need to be in their community for family, work or life style.

Apr 07, 2020 03:41 PM
Ambassador
4,258,792
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

And, we've got suburban for you here in our large (Charlotte) Metro too!

If you change your mind, we still have a fabulous Uptown (urban) area as well.

Apr 07, 2020 09:10 PM