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Back to the City! People Returning to Urban Areas After the Pandemic

grace264
Feb 192 min read



During the pandemic, many people moved to suburban or rural areas, but in recent years, there has been a noticeable shift back to the cities.

📌 According to the National Association of Realtors (NAR), the percentage of people settling in cities has risen to 16%, the highest level in the past decade.

📌 A survey by BrightMLS also found that one in five (20.6%) potential homebuyers expressed interest in living in the city.


So, why are people returning to urban areas? Why are they choosing vibrant city living over the quiet suburban lifestyle? Let’s take a look at the reasons.


Vibrant Culture and Lifestyle

Cities have always been hubs of culture, arts, and entertainment. While these activities paused during the pandemic, they have been revitalizing in recent years.

✔ Enjoying a relaxed coffee at a nearby café in the morning,

✔ Recharging at a gallery or concert after work,

✔ Exploring new restaurants on weekends—this kind of lifestyle is possible in the city.Many people want this lifestyle back, enjoying the energy that city life offers.


Proximity to Work

While remote work is still common, many companies are increasingly requiring employees to return to the office or adopt hybrid work models (remote + office).

✔ Less commute time improves quality of life.

✔ For jobs that rely on in-person networking, living near the city center is advantageous.In industries like startups, finance, law, and IT, proximity to urban networks can be a key competitive advantage, leading many professionals to return to the city.


Convenient Living Infrastructure

One of the biggest advantages of city living is the convenience of having everything close by.

✔ Easy access to public transportation—subways, buses, taxis, etc.

✔ Top-notch medical services—easy access to large hospitals and specialized medical facilities.

✔ Various commercial facilities—shopping malls, restaurants, cafes, and other conveniences within walking distance.A distance that takes 20-30 minutes to drive in the suburbs can often be covered in just a few minutes in the city.


Moving from Suburbs to the CityI

f you've moved to the suburbs during the pandemic and now miss the city lifestyle, you can take advantage of the current real estate market to make the move.

📌 According to the Federal Housing Finance Agency (FHFA), U.S. home prices have increased by an average of 57.4% over the past five years.

📌 This means that selling your home could provide significant assets, which you can use to relocate to the city.Of course, when moving to the city, it’s common to downsize from a large suburban home with a yard to a smaller apartment or condo. However, if city living is what you crave, the satisfaction from the lifestyle may outweigh the space change.


🏡 If you're planning to sell your suburban home and move to the city, it’s important to consult with a local real estate expert to understand the market conditions and costs.


In Conclusion, the Appeal of the City is Drawing People Back!If you're considering moving to the city, now may be a great time.Consult with a real estate expert to explore your options and plan your new lifestyle.

 



 
 
 

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