Source: Local DVM —
It’s a sign of these pandemic times. The real estate market has surged with home values up about 25 percent.
In Washington County, Maryland alone over the past month sales of homes have surged 15%. The homebuying craze is so, well, crazy, that collectively home values have swelled nationwide by $1 trillion over the past year. It all has to do with changing lifestyles from the pandemic. Washington County, Maryland Realtor Cathy Wantz sees it first-hand.
“So they want to work from home and they want a really nice live-work space and a place for their children,” says Wantz, “because due to Covid they had to work from home and the children had to be educated from home.”