Robin Rowland - Berkshire Hathaway Home Services California Realty
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Escaping the City

July 2020 saw a 40% increase in the number of Residential Home Sales in Tuolumne County as compared to July 2019 (141 vs 101). There are multiple factors contributing to this increase including low interest rates and low inventory. Also adding to the increased sales is the increased number of Central Valley and Bay Area residents escaping the city life and moving to the foothills. According to Realtor Magazine, "Nearly 30% of respondents living in a high-density urban area say that the pandemic is prompting them to want to move by the end of the year...This is more than double the rate of those living in rural parts of the country, where residents are much more likely to stay put rather than relocate." Retiring to the foothills in not a new trend, but the ability to work from home has given working people more flexibility. And with that flexibility, we are seeing more families relocate here as they realize their country dream does not have to wait until they retire.