Must-Have Home Features for Buyers in a Recession

Must-Have Home Features for Buyers in a Recession
By making space in your home for what's important to you, you'll set the stage for a brighter new year. Evgeny Atamanenko/Shutterstock
Anne Johnson
Updated:

During 2021 and the start of 2022, swimming pools were just one must-have for homebuyers. The pandemic lockdown spurred many people to make their homes private resorts in case vacations were out of the question—also, the more square footage, the better when buying a home. But things have changed.

Home prices and interest rates make buying big homes with all the amenities out of the reach for many Americans. Compromise is the new way. But what features are important to homebuyers during a down economy?

Room Versatility Over Square Footage

Purchasing thousands of square feet is a pipedream during an economic downturn. Buyers want homes that are versatile and can be used in individual ways.
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for ten years.
Related Topics