Li's Blog

Who knew?

Who knew that the ten week closures in my province would unleash a storm of real estate activity?   Who knew that happy techies and millenials and retirees, thinking that a city lifestyle, walking distance to every lovely little thing to enjoy, might turn out to be a negative?  Who knew that the online world would be so quick to be put in place?  

Well, all sudden shifts only seem that way when sudden change hits.   Often, the changes were subtly there, earlier.  

The rise of the rural area as a lifestyle choice seems to be a solid one.   When they sell, those city mice are off to find their forever home in a country mouse setting.   The trouble?   Lack of inventory, and we all know what that means...rising prices.  

With the ability for everyone to consider a work-from-home lifestyle, with zoom and its alternatives that allow for meetings, distance-learning education choices, and long-distance family contacts, we are seeing a quieter time evolve.  Is this what life used to be like before the tech revolution? 

In my rural/recreational area, all businesses may not survive.   Some will be able to pivot into the online world, and others not.  Is that just the way of all change, whether fast or slow?   Probably. 

I always think real estate agents are the canaries in the mine of change.  We see shifts before many others even get a glimmer.   The purchase of a home is a shift-ometer.   Are single family homes in suburbs or rural areas the latest flavour of the month?   Maybe.   And what about all the money that has been pumped into the systems in all countries.   Are some people looking to land bank, just to preserve capital?   Lots of questions, and as we segue into Fall, we may start to see some answers.  

Meantime, back to the crystal ball of real estate sales...a director of outcomes?   Maybe.

 

 

How may I help you to discover special Salt Spring Island & the Southern Gulf Islands?   Call me!

Comment balloon 20 commentsLi Read • August 27 2020 08:06PM
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