The year 2020 has shed light on just how important it is to have an ideal, comfortable home to spend time in. So it is no wonder that people are making big moves, purchasing new homes, and rapidly turning over real estate during this unprecedented year. In fact, Business Insider aptly states that “the hottest pandemic purchase is a house, as more and more Americans take advantage of low mortgage rates to attain spacious backyards and more comfortable work-from-home locales. At the rate of home sales, the US could actually run out of new ones in just a few months. This infographic shows where the most new housing units are popping up this year. Overall, new homes are trending to the south and west, with Florida and Utah being the most popular states. Idaho is also an up-and-coming contender for new homes. The median sale price for new homes has also reached a record high of $348,000.
Infographic by: yourlawyer