How has the real estate market in Birmingham changed after the Pandemic?

It has been almost two years since the start of the deadly pandemic, and the core importance of our homes has never been in 'absolute focus'.  The Covid Rules and the lockdown restrictions have had an ever-lasting effect on everything that we have prioritized before -investing in a property is also one of them. 

 

Many purchasers and renters have changed cities for the open expanse of the countryside and larger properties, resulting in significant adjustments in demand. Some of these trends appear to be here to stay (green space, anyone?), but others are beginning to reverse. Meantime the services related with the Free property valuation in Birmingham had also seen an increase than before. 

 

Some of these trends appear to be here to stay — anyone for a little green space? – However, some are now beginning to change their minds. Let's see how: 

 

 

1.Homebuyers have a clear idea of what they want

 

Prior to the pandemic, most customers searching for a home on Imminent Reality didn't narrow their search to a certain property type, instead contemplating a terraced or detached house, for example. As per the Estate Agents in Sandwell believes that due to shifting priorities, searches for just one sort of property are currently the most prevalent.

 

Homebuyers who were previously open to purchasing a two- or three-bedroom property are now narrowing their search criteria to discover their ideal home. And for many people, the ideal home includes a garden; and with time we've seen a good rise in searches for gardens in the last two years.




 

2.Cities are coming back! 

 

No wonder from April 2020, there has been a drop in the demand for homes in cities from people living in rural regions. So, instead the countryside locations were at the top of home-hunters the wish-lists amid the race for space. The Letting Agents near Sandwell are in constant search for properties as people are returning to their offices. There has been a rise in the demand for new homes to live-in the big cities. 

 

"Many people began the year wanting to prioritize being closer to work over having more space," explains our Birmingham letting agents. 

"As a result, there has been an increase in inquiries from people in more rural areas to cities, as well as a decrease in the number of persons wishing to flee to the countryside," they continue.

 

3.Searches for homes near public transport 

 

Like so many people changing offices for work-from home during the pandemic that living close to train stations dropped down the 'list'. But with the return of more regular commuter journeys, we are seeing on call demand of Free property valuation in Birmingham on and off. 

 

We are also seeing similar trends at the start of this year as people are looking for an easier commute to their office. Having said this, the landlords are seeking for tenants like never before. Homes near West Bromwich Central to Dartmouth Street saw the biggest jump in buyer searchers. 

 

4.Flats are the 'Most' in-demand type property 

 

The houses stole the show as being in the most demand property type for always. For this very reason the property owners are looking for the Estate Agents in Birmingham for having Free property valuation services from the best real estate company of the city. For the matter of fact, Imminent Reality best known for providing the most experienced Estate Agents of Birmingham - has all the knowledge of your chosen property location. Do not hesitate when reaching out to the Letting agents as we are here to assist you in the best possible way! 

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