Mailbag: Will Pools Stay in Demand After the Pandemic?
Wondering which pandemic-caused trends might stick around for the long-run in the real estate market? Angie answers two questions from the mailbag.
The pandemic has continued to have a major impact on the real estate market. On today’s podcast, Angie answers two questions related to the trends and impacts in the market due to the pandemic. How might that look in the future?
Adam in Durham says homes with pools are in high demand. Will it stay this way after the pandemic? Angie thinks the demand for pools will stay around for awhile after the pandemic thanks to the shortage we’re facing when it comes to availability for both the labor and materials to install it. Finding a home that already has a pool in it, instead of waiting over a year to get one, may make your home more desirable. In the past, investing in a pool didn’t guarantee you’d get that investment back. Now it may add to the demand of your home, just like more space and bigger backyards continue to be on a buyer’s wish list.
Olivia in Fuquay-Varina wants to know if the cost of land is seeing the same increase as home prices. She is thinking of buying some land but then waiting to build once material costs go down in a few years. Is this a good strategy? Angie says everything is increasing due to supply and demand. Building costs should hopefully correct itself, but we don’t know how long that will take.
Do you have a question for the mailbag? Be sure to submit it or reach out to Angie and her team!
Listen to the entire episode or click on the timestamps to skip ahead/
0:37 - Mailbag: Is the pool craze here to stay?
3:31 - Mailbag: Is land increasing in value?
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Angie Cole - Contact - Call: 919-538-6477