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    • ALL 18 LONG BEACH HISTORIC DISTRICTS
    • ◊ BELMONT HEIGHTS ◊ EST 7 MAY 2002
    • ◊ BLUFF HEIGHTS ◊ EST 13 JULY 2004
    • ◊ BLUFF PARK ◊ EST 29 JULY 1982
    • ◊ BRENNER PLACE ◊ EST 1 JAN 1994
    • ◊ CALIFORNIA HEIGHTS ◊ EST 29 AUG 2000
    • ◊ CARROLL PARK ◊ EST 24 JULY 1990
    • ◊ CRAFTSMAN VILLAGE ◊ EST 27 OCT 1992
    • ◊ DRAKE PARK / WILLMORE CITY ◊ EST 28 APR 1998
    • ◊ ELIOT LANE ◊ EST 9 SEP 2003
    • ◊ GRANT NEIGHBORHOOD ◊ EST 15 OCT 2019
    • ◊ LINDEN AVENUE ◊ EST 5 APRIL 1994
    • ◊ LOWENA DRIVE ◊ EST 11 FEB 1992
    • ◊ MINERVA PLACE ◊ EST 7 NOV 1989
    • ◊ ROSE PARK ◊ EST 9 SEP 1997
    • ◊ ROSE PARK SOUTH ◊ EST 7 AUG 2001
    • ◊ SUNRISE BOULEVARD ◊ EST 20 DEC 1990
    • ◊ WILTON STREET ◊ EST 1 AUG 1995
    • ◊ WRIGLEY ◊ EST 12 DEC 1989
    • LONG BEACH HISTORIC DISTRICT VIDEOS
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    • HARDWOOD FLOORING
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    • PERIOD & REPRODUCTION HARDWARE & LIGHTING
    • PLASTER/STUCCO
    • PLUMBING
    • POTTERY
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    • TILE ◊ REPRODUCTION, VINTAGE, SALVAGE, COLLECTIONS, REPAIRS, HANDMADE, BRAND NAME
    • WINDOWS AND DOORS
    • WOODWORKING
    • HISTORIC PAINT COLORS
    • HISTORIC HOME TOURS & RESTORATION VIDEOS
  • LONG BEACH TRAFIC SIGNAL BOX ART
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  • CITY OF LONG BEACH COMMUNITY WATCH STARTER KIT
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    • IMPORTANT DATES IN THE HISTORY OF RANCHO LOS CERRITOS
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    • ADELAIDE TICHENOR HOUSE
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    • LEVELS OF HISTORIC DESIGNATION
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Billy OBrien
REALTOR®
562-726-4183
01952648
hello@iambillyobrien.realtor
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  • SUCCESS STORIES
  • ABOUT US
    • ABOUT BILLY
    • CONTACT BILLY
    • CERTIFICATIONS
    • MEET OUR TEAM
    • OUR COMPANY
  • OUR BLOG
  • HOMES FOR SALE
    • ALL 18 LONG BEACH HISTORIC DISTRICTS
    • ◊ BELMONT HEIGHTS ◊ EST 7 MAY 2002
    • ◊ BLUFF HEIGHTS ◊ EST 13 JULY 2004
    • ◊ BLUFF PARK ◊ EST 29 JULY 1982
    • ◊ BRENNER PLACE ◊ EST 1 JAN 1994
    • ◊ CALIFORNIA HEIGHTS ◊ EST 29 AUG 2000
    • ◊ CARROLL PARK ◊ EST 24 JULY 1990
    • ◊ CRAFTSMAN VILLAGE ◊ EST 27 OCT 1992
    • ◊ DRAKE PARK / WILLMORE CITY ◊ EST 28 APR 1998
    • ◊ ELIOT LANE ◊ EST 9 SEP 2003
    • ◊ GRANT NEIGHBORHOOD ◊ EST 15 OCT 2019
    • ◊ LINDEN AVENUE ◊ EST 5 APRIL 1994
    • ◊ LOWENA DRIVE ◊ EST 11 FEB 1992
    • ◊ MINERVA PLACE ◊ EST 7 NOV 1989
    • ◊ ROSE PARK ◊ EST 9 SEP 1997
    • ◊ ROSE PARK SOUTH ◊ EST 7 AUG 2001
    • ◊ SUNRISE BOULEVARD ◊ EST 20 DEC 1990
    • ◊ WILTON STREET ◊ EST 1 AUG 1995
    • ◊ WRIGLEY ◊ EST 12 DEC 1989
    • LONG BEACH HISTORIC DISTRICT VIDEOS
    • POMONA, CALIFORNIA HISTORIC DISTRICTS
  • OLD HOMES RESOURCE GUIDE
    • ANTIQUE METAL REFINISHING
    • APPLIANCES
    • BLOGS
    • FABRICS AND TEXTILES
    • GARAGE DOORS
    • GATES
    • FURNITURE REFINISHING
    • HARDWOOD FLOORING
    • LOCKSMITH
    • NATIVE PLANTS
    • PERIOD & REPRODUCTION HARDWARE & LIGHTING
    • PLASTER/STUCCO
    • PLUMBING
    • POTTERY
    • SALVAGE
    • TILE ◊ REPRODUCTION, VINTAGE, SALVAGE, COLLECTIONS, REPAIRS, HANDMADE, BRAND NAME
    • WINDOWS AND DOORS
    • WOODWORKING
    • HISTORIC PAINT COLORS
    • HISTORIC HOME TOURS & RESTORATION VIDEOS
  • LONG BEACH TRAFIC SIGNAL BOX ART
  • LONG BEACH UNIFIED SCHOOL DISTRICT
    • SEARCH LONG BEACH UNIFIED SCHOOLS BY ZIP CODE OR HISTORIC DISTRICT
  • CITY OF LONG BEACH COMMUNITY WATCH STARTER KIT
  • LONG BEACH RESTAURANTS, PUBS & BARS
  • PREFFERED LENDER
    • LENDER PAPER WORK 101
    • Mortgage Calculator
  • 2020 ABSOLUTE BEST OF LONG BEACH WINNERS!
  • BILLY’S PICKS | LONG BEACH 2021 EVENTS
    • LONG BEACH TRFFIC SIGNAL BOX ART
  • LONG BEACH HISTORY | 1784 to 1988
    • IMPORTANT DATES IN THE HISTORY OF RANCHO LOS CERRITOS
    • VIDEOS ON LONG BEACH HISTORY
  • LONG BEACH TRAFIC SIGNAL BOX ART
  • ERNEST A BATCHELDER
  • GREENE&GREENE
    • ADELAIDE TICHENOR HOUSE
    • JENNIE A REEVE – TOWNSEND HOUSE
  • THE ARTS AND CRAFTS MOVEMENT AROUND THE WORLD
    • ARTS AND CRAFTS MOVEMENT DESIGN
  • GUIDE TO RESIDENTIAL ARCHITECTURAL STYLES
  • PRESERVATION
    • LEVELS OF HISTORIC DESIGNATION
    • MILLS ACT
    • HISTORICAL SOCIETY OF LONG BEACH
  • PHOTOGRAPHS
  • SCHEDULE A HOME TOUR
  • ARTS AND CRAFTS MOVEMENT DESIGN
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COVID Impact: The Urban to Suburban Flight

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New Western,09/17/2020

De-densification, the great suburban migration….whatever you choose to call it, the trend is real according to the latest industry data. As we enter the fall with remote work, virtual learning, and social distancing still very much a part of the “new normal,” many homeowners find themselves dissatisfied with theircurrent arrangements and are seeking space and safety in the suburbs. “They’re evaluating, do they have enough space inside, outside? Do they have enough light? Do they have the right home office? If the answers to those questions are no, they call their agent,” reports Compass CEO Robert Reffkin.

A Look at the Data

According to the National Association of REALTORS® chief economist Lawrence Yun, pre-pandemic migration trends toward urban centers have pivoted to the suburbs as buyers seek more space for social distancing and take advantage of work-from-home flexibility. More first-time buyers and minorities are looking to the suburbs for affordability as well, Yun observes. A recent NAR survey of agents across the country confirms strong interest in less populated areas from the suburbs to exurbs and small towns. 

The latest Real Estate Brokers Report from Zelman & Associates mirrors this phenomenon with nearly 70% of brokers and firm owners seeing a moderate or significant shift to the suburbs.

With commutes no longer a concern for remote workers, many buyers have widened their home searches. Recent research from NAR reveals specific counties around the country experiencing the strongest growth in remote jobs. 

  1. Forsyth County, Ga.
  2. Douglas County, Colo.
  3. Los Alamos County, N.M.
  4. Collin County, Texas
  5. Loudon County, Va.
  6. Hamilton County, Ind.
  7. Williamson County, Tenn.
  8. Delaware County, Ohio
  9. Dallas County, Iowa
  10. Wake County, N.C.

Take the trend in North Texas, for example. Buyers are clearly headed North, says John Chang, SVP and head of research for Marcus & Millichamp: “They’re coming out of downtown Dallas and going to Plano and north up to Frisco and McKinney. So we’re going to continue to see that migration as long as this pandemic stays with us, and that looks like it might be a while. Companies are also following buyers to the ‘burbs. “They don’t have to be dependent on elevators. They can have their own entrance to their office suites. They can have larger floorplatns and it’s less expensive,” continues Chang.

The New List

Concern over the safety of crowded spaces with the coronavirus continuing to pose a threat is certainly one factor affecting the suburban rush. But there are myriad reasons for the exodus and very specific items on the checklist for buyers. “Preferences have moved from ‘what’s a prestigious location?’ to ‘what’s practical?’ and ‘what’s the quality of life we want for our households?'” reports housing and finance expert Anna DeSimone. Open concepts are giving way to homes that offer privacy and office space for two adults, homeschooling areas, gyms, backyards, and proximity to beaches, lakes, parks, and paths. 

Interestingly, proximity to retail is no longer a real-estate requirement. “We’re not hearing as much around brick-and-mortar, where’s the closest this-or-that. Instead, it’s ‘can we get delivery here?’” notes real-estate agency CEO Kris Lindahl. Time will tell if this is a short-term trend or game-changer for the housing industry – but it’s certainly an opportunity for investors for the foreseeable future. With the inventory of homes for sale down 36.4% year-over-year in August, both flippers and landlords are in a unique position to meet the rising demand fohousing in highly desirable suburban neighborhoods.

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562-726-4183
hello@iambillyobrien.realtor
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