These kinds of fees are troublesome for Millennials, many of whom make up the homebuying market and who are often dealing with student loan debt as they look to purchase their first home.
Driving around your community you are probably starting to see more and more commercial properties that are vacant. Some were stores that recently vacated. Some have been sitting dormant with a “For Lease” sign on the property for a year or two.
With most of the country’s stay-at-home orders having been lifted and the country slowly continues to re-open, the real estate market is ready to take off like a SpaceX rocket.
While real estate transactions have slowed to a near crawl in most of the country because of COVID-19 (coronavirus), sellers are not panicking and, for now, seem to be willing to wait out the pandemic.
82% of people globally would like to work from home after the pandemic ends, at least one day a week after experiencing remote work during the virus outbreak.