Show Off That Pool, Outdoor Space

A survey of 1,300 homeowners from realtor.com®at the end of April showed that a backyard was becoming more important after the beginning of sheltering in place in many areas. Since sheltering began in March, some homeowners have placed greater value on the quietness of a neighborhood and the outdoor space of their home.

A report from The New York Times last month said that homeowners are paying more attention to sprucing up their backyards, with fire pits, play sets, bounce houses, basketball hoops, and more to help keep children better entertained at home. Also, outdoor kitchens, in-ground pools, hot tubs, and cabanas are catching shoppers’ eyes, The New York Times reports.

Sellers May Need Some Patience

Homeowners trying to sell during the pandemic will likely need some patience and a degree of expectation that the process could take longer. Homes are taking about an average of 15 days more to sell—or about 27% longer—than a year ago, according to realtor.com®’s data reflecting the week ending May 16. This marks the largest increase in the number of days that homes have spent on the market since 2013.

Sheltering-in-Place Inspires Homeowners to Take on Remodels

Homeowners are prioritizing remodeling projects centered around home offices and master bedrooms during the pandemic, according to a new survey of 1,000 consumers by Houzz, a home renovation and resource site.

While consumers put off some remodeling projects when the coronavirus outbreak first began in the U.S., they were less likely to put off projects related to those two areas of the home. Also, outdoor remodels and improvements have been prioritized during the pandemic, as have more involved projects such as a kitchen renovation, the survey finds.