Search
    Dashboard
    Listings
    Searches
    Sign in / Sign up

Daytona Beach Property Search

Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

  • Menu
  • Home
  • Buy
  • Sell Your Home
  • Blog
  • About
  • Contact

Will We See a Surge of Homebuyers Moving to the Suburbs?

Will We See a Surge of Homebuyers Moving to the Suburbs? | Simplifying The Market

As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend in this direction of moving from urban to suburban communities, but the question is: will the trend continue?

According to recent data from Zillow, there is a current surge in urban high-end listings in some larger metro areas. The month-over-month increase in these homes going on the market indicates more urban homeowners may be ready to make a move out of the city, particularly at the upper end of the market (See graph below):Will We See a Surge of Homebuyers Moving to the Suburbs? | Simplifying The Market

Why are people starting to move out of larger cities?

With the ongoing health crisis, it’s no surprise that many people are starting to consider this shift. A July survey from HomeLight notes the top reasons people are actually moving today:

  1. More interior space
  2. Desire to own
  3. Move from city to suburbs
  4. More outdoor space

More space, proximity to fewer people, and a desire to own at a more affordable price point are highly desirable features in this new era, so the list makes sense.

John Burns Consulting notes:

“The trend is accelerating faster than anyone could have predicted. The need for more space is driving suburban migration.”

In addition, Sheryl Palmer, CEO of Taylor Morrison, a home building company, indicates:

“Most recently, we’re really seeing a pickup in folks saying they want more rural or suburban locations. Initially, there was a lot of talk about that, but it’s really coming through our buyers today.”

The National Association of Home Builders (NAHB) also shares:

“New home demand is improving in lower density markets, including small metro areas, rural markets and large metro exurbs, as people seek out larger homes and anticipate more flexibility for telework in the years ahead. Flight to the suburbs is real.” 

Will the shift pick up speed and continue on?

The question remains, will this interest in suburban and rural living continue? Some, like Lawrence Yun, Chief Economist at the National Association of Realtors (NAR) think the possibility is there, but it is still quite early to tell for sure. Yun notes:

“Homebuyers considering a move to the suburbs is a growing possibility after a decade of urban downtown revival…Greater work-from-home options and flexibility will likely remain beyond the virus and any forthcoming vaccine.”

While much of the energy behind this trend has largely been accelerated by the current health crisis, monitoring the momentum over time is critically important. Businesses are discovering new and innovative ways to function in remote environments, so the shift has the potential to stick. Much like the economic recovery, however, the long-term impact may hinge largely on the health situation throughout this country.

Bottom Line

Early data is showing a shift from urban to suburban markets, but keeping an eye on this trend will help us understand how it will ultimately play out. It may just be a temporary swing in a new direction until Americans once again feel a sense of comfort in the cities they’ve grown to love.

GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

580 Rio Vista Avenue Daytona Beach FL 32114
Featured
1 / 69
$799,000
3
BEDS
2
TOTAL BATHS
1,841
SQFT
580 Rio Vista Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
- Active

Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
231 Riverside Drive 1602-1 Daytona Beach FL 32117
Featured
1 / 58
$599,000
3
BEDS
3
TOTAL BATHS
2,239
SQFT
231 Riverside Drive 1602-1 Daytona Beach, FL 32117
Condominium For Sale
- Active

This exquisite 16th-floor condo at Marina Grande has been meticulously remodeled with no expense spared. The 3-bedroom, 3-bath unit features a Viking cooktop, high-end LG kitchen appliances, and Samsung stacked washer/dryer. The kitchen boasts stunni

Listing courtesy of James Jestes of EXP Realty LLC
433 Tangerine Avenue Lake Helen FL 32744
New Listing - 5 hours on site
1 / 29
$800,000
3
BEDS
3
TOTAL BATHS
2,664
SQFT
433 Tangerine Avenue Lake Helen, FL 32744
Single Family Residence For Sale
- Active

Welcome to your private slice of paradise in the charming town of Lake Helen! Situated on a sprawling 2.18-acre agricultural-zoned lot, this beautifully maintained property offers the perfect blend of peaceful country living and modern conveniences.

Listing courtesy of Megan Hedrick of Mark Spain Real Estate
2625 S Atlantic Avenue 18nw Daytona Beach Shores FL 32118
New Listing - 6 hours on site
1 / 37
$495,000
2
BEDS
2
TOTAL BATHS
1,275
SQFT
2625 S Atlantic Avenue 18nw Daytona Beach Shores, FL 32118
Condominium For Sale
- Active

Beachfront Escape or Income-Generating Investment - You Decide! Live the dream OR rent it out! This 2-bedroom, 2-bathroom beachfront condo offers the best of both worlds. Whether you're searching for a personal vacation retreat or a high-performin

Listing courtesy of Danielle Ignacio Holmes of Engel & Voelkers New Smyrna Beach

Check out some of these most popular home searches here at Daytona Beach Property Search

  • Homes for sale on the Intercoastal waterway
  • Homes and Condos for sale with Seller Financing Available
  • Homes for sale in Port Orange along Spruce Creek Rd
  • Port Orange Homes for sale with Boat Docks
  • New Construction Town Homes in Plantation Bay
  • Homes For Sale in LPGA
  • Homes For Sale in the Spruce Creek High School District ( TOP RATED SCHOOLS)

SEARCH ALL HOMES IN THE GREATER DAYTONA BEACH AREA HERE

[idx-omnibar styles=”1″ extra=”1″ min_price=”1″ ]

 

DOWNLOAD MY LATEST REAL ESTATE GUIDES

  

Related posts:

  1. The Top Reasons People Are Moving This Year
  2. A Surprising Shift to the ‘Burbs May Be on the Rise
  3. Three Reasons Homebuyers Are Ready to Purchase This Year
  4. Top Priorities When Moving with Kids

Posted in: Blog, For Buyers, For Sellers

Post navigation

« Homeownership Rate Continues to Rise in 2020
Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC] »
James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

Price

Latest Real Estate Information

  • 10 Great Homes For Sale In The Greater Daytona Beach Area
  • How To Get Your House Ready To Sell in 2025
  • Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
  • What’s Behind Today’s Mortgage Rate Volatility?
  • Is Wall Street Really Buying All the Homes?
  • Don’t Let These Two Concerns Hold You Back from Selling Your House
  • The Big Difference Between Renter and Homeowner Net Worth
  • Should You Sell Your House or Rent It Out?

Move To Florida Check Out These Cities

  • Daytona Beach – Homes And Condos For Sale
  • Daytona Beach Shores – Homes And Condos For Sale
  • Port Orange Florida – Homes And Condos For Sale
  • Ormond Beach Florida – Homes And Condos For Sale
  • Ponce Inlet Florida – Homes And Condos For Sale
  • New Smyrna Beach – Homes And Condos For Sale
  • Flagler Beach Florida – Homes And Condos For Sale

BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

Price

Popular Daytona Beach Properties

  • Move To Daytona Beach
  • Condos For Sale
  • Homes For Sale
  • Gated Community Homes For Sale
  • Golf Course Homes For Sale
  • Luxury Condos For Sale
  • Riverfront Homes For Sale
  • Multi Family Homes For Sale
  • Pool Homes For Sale
  • Large Garage Homes For Sale
  • 55+ Community Homes For Sale

Popular Daytona Beach Neighborhoods

  • Pelican Bay Golf Community
  • Latitude Margaritaville Jimmy Buffet’s 55+ Community
  • LPGA Golf Community
  • Indigo

Greater Daytona Beach Area Towns

  • Daytona Beach – Homes And Condos For Sale
  • Daytona Beach Shores – Homes And Condos For Sale
  • Port Orange Florida – Homes And Condos For Sale
  • Ormond Beach Florida – Homes And Condos For Sale
  • Ponce Inlet Florida – Homes And Condos For Sale
  • New Smyrna Beach – Homes And Condos For Sale
  • Flagler Beach Florida – Homes And Condos For Sale

Today’s Real Estate Information

  • 10 Great Homes For Sale In The Greater Daytona Beach Area
  • How To Get Your House Ready To Sell in 2025
  • Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
  • What’s Behind Today’s Mortgage Rate Volatility?
  • Is Wall Street Really Buying All the Homes?

James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

Daytona Beach Property Search By City

  • Daytona Beach
  • Daytona Beach Shores
  • Ponce Inlet
  • Port Orange
  • Ormond Beach
  • Flagler Beach
  • New Smyrna Beach

Contact James Today

James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

Daytona Beach Property Search Sitemap