National real estate trends

Cash is still king. According to Realtor®.com reporting, 36 percent of home sales across the nation were cash sales last year which is about a 3% increase from 2019. 

Remote workers are moving further away from work. Like 50 miles away. I have been watching this trend for a year. It will be interesting to see how it all works out when people change jobs or when employers decide they want to open offices again.

There is also a trend of using tiny houses as offices. A tiny house may have 100 to 500 square feet of living space. My own office is about the size of a small tiny house with 144 square feet of space. Personally, I like the idea of using a tiny house as a she shed.

Accessory dwelling Units or ADU’s as they are called are allowed in St. Paul and they would make great offices assuming they can be adequately heated during our annual polar vortex.

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