Urban Flight's Effect on the Real Estate Market
Today we have a very special episode with Mynd's Senior Communications Manager, Stacy Corso, who interviews Clare Trapasso, a deputy news editor at realtor.com. Clare is a highly respected multimedia journalist with a keen insight into the housing market.
In one of her recent articles, Clare analyzed the migration from cities to suburbs due to COVID-19. We look at different trends, markets, and changes that have occurred due to the pandemic shifting lifestyles of many people across the nation.
What We Cover00:00 - The key reason people are making the move from cities to suburbs.
05:18 - The impact of this migration on median home price growth and inventory.
08:55 - What are the up and coming secondary and tertiary markets.
13:34 - Other reasons behind the move and what kind of suburbs are doing well.
17:52 - What’s happening in the New York market and where to find Clare.
Show ResourcesClare Trapasso is the senior news editor of realtor.com, writing and editing stories about the world of residential and rental real estate. She has written for the New York Daily News and other finance publications. She is also an adjunct journalism professor at St. John's University.
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