We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies.More info
ALANTE Real EstateALANTE Real Estate
Call Us:

508-746-0033

Message Us:

[email protected]

  • Meet us
  • Buy with us
  • Sell with us
  • Explore the South Shore
  • Explore Cape Cod
  • Blog
  • Join us
  • Contact us
    • Call Us:

      508-746-0033

    • Message Us:

      [email protected]

    Featured Image
    Real Estate you should know

    6 Surprising Realities About the Real Estate Market Right Now

    Think back. Way, way, back to March, when we were all just learning about COVID... Every hour, there was a new update about...

    • Susana Murphy
    • September 10th, 2020
    • 3 min read

    Think back. Way, way, back to March, when we were all just learning about COVID...

    Every hour, there was a new update about the virus, a new round of stay home orders, and lots of predictions about how the economy would weather a pandemic. Back then, there was reasonable concern that the real estate market would crash. The uncertainty made it difficult to even imagine what would happen in the coming months if you were looking to buy or sell a home.

    Fast forward to now. No, there hasn’t been a 2008-level crash. In fact, the real estate market is still going strong in many markets. Yet, there are some very big (and surprising) trends going on in our “new normal.” Here are the top six:

    ONE | Inventory is still very low

    The pandemic basically cut off the spring market before it could really get underway. Few wanted to open their homes to prospective buyers — though the rise of virtual tours made it possible to have the most socially distant open house ever. Still, with the uncertainty of the job market, ever-changing hot spots, and the difficulty of doing all the normal stuff to prep for a sale (decluttering, staging) during stay-at-home orders, only the most motivated sellers listed.

    TWO | Interest rates remain low

    One of the first big headlines of the pandemic, when it came to real estate, was when interest rates were slashed big time. Of course, many took advantage by refinancing their home. As months passed, though, the continued low-interest rates motivated prospective buyers to enter the market and enjoy the savings.

    THREE | There’s a lot of competition if you’re a buyer

    It’s not just locals in your market. The shift to remote work means that many people can move to an area they love, not one that is convenient for a commute. Often, these are high wage earners who can afford to submit an offer above asking price — especially if they sold their home at the right time or in a pricey market.

    FOUR | Homes are selling very, very quickly

    When there are fewer listings and plenty of buyers, your dream home may be a blink-and-you’ll-miss-it opportunity. 

    For buyers, this means that you should be preapproved (not just prequalified) in order to get your offer considered. For sellers, you may have a little more leeway on things like condition and contingencies.

    FIVE | Prices have climbed

    All of the above factors have pushed prices higher in most areas. In fact, 96% of cities saw home prices rise between April and June. Markets that didn’t see the same growth were generally ones that had completely shut down during that time (like New York City).

    SIX | Folks are leaving big cities

    While most cities are experiencing the same issues of low inventory as sellers hesitate to put their homes on the market, there’s one huge exception: big cities. Part of the reason is due to the big tech companies ordering employees to work remotely during the pandemic (and perhaps indefinitely). The other contributing factor is that prices tend to be extremely high — so if you don’t have to pay the premium to live close to your workplace, why not live somewhere else? In addition, there's a very high population density, which isn’t the best thing to have in a time of social distancing. 

    Let's Talk About Your Reality

    Click Here

    What Buyers Are Looking For Right Now

    Read the Blog

    Author Photo
    About the author

    Susana Murphy

    508-345-5632
    • facebook
    • instagram
    I'm Susana Murphy, and I founded ALANTE with a clear vision and a passion for redefining what real estate should be. Let me share with you why ALANTE exists, what we stand for, and what we aim to offer both our valued clients and our dedicated agents. ALANTE Real Estate wasn't just a business venture for me—it was a calling born out of a deep-seated belief in doing things differently, and doing them better. Having been in the real estate industry since 2005 myself as a top producing Realtor, I saw firsthand the immense potential for innovation and improvement. I recognized that traditional practices were falling short in meeting the evolving needs of clients and agents alike. My vision for ALANTE was simple yet profound: to elevate the real estate experience by combining cutting-edge technology combined with story driven marketing and timeless values. In an industry often defined by transactions, I wanted to focus on service. I wanted to create a space where clients felt heard, valued, and supported every step of the way, and where agents could thrive in an environment that prioritizes collaboration, growth, support and integrity. At ALANTE, we believe in offering our clients more than just transactions—we offer them transformative experiences. We understand that buying or selling a home is not just a financial decision; it's an emotional journey filled with dreams, aspirations, and life-changing moments. That's why we approach each interaction with empathy, expertise, and a genuine desire to exceed expectations. For our agents, ALANTE is more than just a brokerage—it's a community of like-minded professionals committed to excellence. We provide our agents with the tools, training, and support they need to succeed, all while fostering a culture of mutual respect, collaboration, and continuous learning. We believe that empowered agents create exceptional experiences for our clients, and that belief is at the core of everything we do. In an industry that's constantly evolving, we remain steadfast in our commitment to innovation and adaptability. We embrace technology not as a replacement for human connection, but as a catalyst for enhancing it. From advanced marketing strategies to streamlined processes, we leverage technology to enhance efficiency, transparency, and results. We don't just meet industry standards—we set new ones. We believe in raising the bar and redefining what it means to be a leader in real estate. Our dedication to excellence, integrity, and client satisfaction sets us apart, and it's what drives us to continually push boundaries and exceed expectations. So, whether you're a client looking for a personalized, unparalleled real estate experience or an agent seeking a supportive, forward-thinking brokerage, we invite you to join us on this extraordinary journey. Together, we're not just reimagining real estate—we're elevating it to new heights. Welcome to ALANTE Real Estate, where your vision meets our passion.

    Similar posts like this

    South Shore Communities

    Best Places to Live in Hingham Massachusetts: Neighborhoods Explained

    Hingham is known for its incredible colonial history and stellar location on Boston Harbor. Hingham is a beautiful town ...
    Read more
    New Construction

    Saltash at Chiltonville 🏡 New Construction

    TYPE: Single Family Homes, 55+ community
    Read more
    New Construction

    Waverly Oaks 🏡 New Construction

    TYPE: Custom Single-Family Residences in Plymouth
    Read more
    ALANTE Real Estate

    The next generation of modern luxury on the South Shore & Cape Cod

    ALANTE Real Estate

    Call Us:

    508-746-0033

    Message Us:

    [email protected]

    Footer Links

    • About
    • Careers
    • Seller Services
    • Blog
    • Buyer Services
    • In The Press
    • Contact Us
    Privacy Policy

    ALANTE Real Estate © 2025

    Powered by