WHY PEOPLE ARE DITCHING CITY LIFE FOR COUNTRY LIVING
By United Country Auction ServicesFebruary 18, 2021
WHY PEOPLE ARE DITCHING CITY LIFE FOR COUNTRY LIVING
Even in an unpredictable 2020, the lifestyle and country real
estate market was on fire. United Country Real Estate, which specializes in
these types of properties, announced it experienced large, double-digit growth
in the areas of farmland, ranches, land, country homes and hunting land for
sale across the country.
“It is interesting to look at what is driving this huge
migration and to consider the implications for 2021 and beyond,” said Mike
Duffy, president of United Country Real Estate. “There are some long-standing
truths, trends and things about country life that have attracted nearly
everyone who has ever driven off the interstate onto a backroad for more than a
mile. Add the recent political, societal, health and technological changes, and
there’s a combination of motivators to make the move or at least have a place
to escape to for the weekend.”
Redfin reported that the housing supply in rural areas dropped
44% in 2020, helping to drive the overall shortage of homes for sale
nationwide. Many United Country agents said they were flooded with buyers
searching for homes and land outside bigger cities. An extremely strong market
has caused inventory of properties for sale to be at historic lows. As a
result, agents continue to seek more properties to list in 2021.
“As for 2020, the words that come to mind are unpredictable and
ever-changing,” said Travis Hamele, broker/owner of United Country | Midwest
Lifestyle Properties in Wisconsin. “I think the trend of people wanting out of
densely populated areas will continue this year. People want peace and to be
able to have chickens or a couple cows and sit out on their deck, overlooking a
lake and drink coffee. If there’s a rural property that checks all the boxes
and is affordable, it sells fast. That’s what we’re seeing. Now it’s about
educating sellers that with this type of movement, it’s time to sell.”
There were many reasons more homebuyers chose rural areas in
2020. Societal changes caused by COVID-19, social unrest in urban areas and
political turmoil all led people to a quieter, more peaceful area of the
country where social distancing is a way of life. Factors such as retirement,
the ability for employees to work from home, affordable gas prices and
record-low mortgage rates continue to drive the trend in 2021.
There are also many health benefits to country living. This
tranquil lifestyle can reduce stress levels by double digits. The risk for
anxiety is 21% lower and mood disorders are 39% lower in rural areas compared
to their urban counterparts. Studies have shown that ridding one’s self of
pollution, traffic, noise, congestion and other stressors found in the city can
actually reduce depression. So, heading to the country can possibly have a
positive impact on one’s overall health and well-being.
Whether someone is a survivalist, or just prefers to live
“off-the-grid,” the country is where they’ll find self-sufficient and
sustainable properties. In addition to food sources, some “survival properties”
have innovative off-grid power sources like solar, wind, battery and
self-contained fuel, allowing a person to live on their own for months at a
time.
“Living in the country or in a lifestyle market for example, in
the mountains or on the waterfront, is great,” Duffy said. “It’s a healthy way
to live that also provides serenity and gives you a sense of freedom.”
To learn more, or to find a property for sale near you, visit www.unitedcountry.com, where you can search by property type, location and keyword(s).
View the full RIS Media article at: https://rismedia.com/2021/02/16/people-seeking-country-real-estate-soars/