Some native and nationwide real property specialists assume one purpose is the protests for racial justice which have roiled around the nation, together with in typically tranquil Portland and Seattle. Just as polar vortexes make Phoenix look irresistibly balmy in winter, this summer’s storms of tear gasoline and projectiles made the Valley seem refreshingly chill by comparison, Stapp notes. The Western wildfires that sparked evacuations and turned the sky apocalyptic orange could encourage even more people to hunt sanctuary in the Sonoran Desert. Thousands of millennials now have young kids or want to begin a household soon.

A June National Bureau of Economic Research paper by researchers from the University of Chicago estimated that 37 percent of jobs, a share concentrated amongst high-paying jobs, can be carried out entirely remotely. During the pandemic, lots of them have been remote for the first time. Let’s say you bought a $300,000 home a yr in the past, before Covid-19 hit the US. If you locked in a 3.73 p.c mortgage fee, you’d find yourself paying $498,940 over 30 years. If you got it in 2020 at the low of two.67 p.c, you’d pay $436,337, a financial savings of greater than $60,000. So …