“The pandemic coming in and forcing a change, versus one that you volunteer for, really just shook things up and everybody's day-to-day lives and just kind of opened their eyes.'
More than one in 10 Americans moved in the past year, according to real estate company Zillow. With remote workers moving away from expensive cities, prices on small town homes are skyrocketing.The couple moved here from Portland, Oregon, last year when the pandemic forced them to reevaluate their priorities.
When his wife began working remotely, the change gave the couple financial security -- and they decided to take the plunge.“We never in Portland would have been able to afford a house there, at least nothing like what we have now,” Emily Elwood said. “We were making pretty good money, but we just realized we were never going to buy there.
The Elwoods traded in their two-bedroom apartment for a four-bedroom house with a backyard for their two dogs. While still less expensive than many cities, prices are going up. The average single-family home price in Billings and the surrounding area was $376,248 in June, up almost 28% from a year earlier.
“The demand for houses is very, very high this year. We're selling houses as soon as they're done or even before they're done,” Chad Wagenhals, Builder/Realtor at CDW Construction said. “We probably get a house framed and within the first two weeks, the house is sold. So if the house goes on the market, it's usually sold in two or three days, if not two or three hours.
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