People from pandemic-infested New York and New Jersey are buying condos sight unseen. Great for the real estate industry - but what does it mean for Vermont homebuyers?
“Not since almost 19 years ago, when traumatized New Yorkers swept into northern New England seeking safety in the wake of the 9/11 attacks, has there been such a pressing demand for homes in the Upper Valley, according to area real estate brokers. Although the Upper Valley has had a housing shortage for years, making it difficult for both local and out-of-state residents to find a home to buy or apartment to rent, the pandemic has pulled the supply of homes even tighter."
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