Welcome to the Great Reshuffling

How Covid changes everything about where America does business. And doesn’t.

Here are the key tensions in the geographic rebalancing of business, their implications for companies and what some CEOs are doing about them:

Leisure vs. Work Activities

Entire industries are crumbling under pandemic lockdowns. “The pandemic is going to wipe out a lot of really good people who own campus housing properties, apartment buildings, retail and hotels—they’re going to lose their buildings…”

Offices vs. Remote Work

Siemens USA spent several years building a strong “virtual culture” that came in handy during the pandemic, says President Barbara Humpton. These technology-based capabilities—ranging from digital simulation of entire factories to IoT systems that help clients customize space usage—provide a real leg up for the global industrial giant.

Cities vs. Suburbs

An anti-urban narrative for some CEOs has firmed up thanks to the pandemic, summer riots in some large U.S. cities and school closings. It stipulates that millennials with young children are fleeing city cores, facilitated by remote work…

Coasts vs. the Interior

The middle of the country clearly has been gaining on the coasts in the midst of the pandemic, aided by the technological dispersion of white-collar work and heartland attractions, including lower costs of doing business, less expensive housing, reasonable taxes, strong schools and underrated quality of life…


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Real Estate News

Why people are paying thousands more than the asking price

All over the country, the inventory of houses for sale is way down. Meanwhile, interest rates are low and more people are willing and able to move.

In a beautiful coastal community halfway between L.A. and Santa Barbara, you’ll need more than good luck to find the right house at the right price.

In some Ventura neighborhoods, virtually nothing is available.

“Everything is just on fire. If you have a listing, it’s gonna sell,” said veteran real estate agent Mike Love. “I’ve even had buyers that were buying stuff sight unseen.”


‘The great reshuffling’: Why are millions of Americans moving?

A new study out by Zillow says 11% of Americans moved in 2020, and they’re calling it “the great reshuffling.”With more businesses shifting to remote, it’s also opened up a world of possibilities for people to live and work from anywhere.Fresh, white powder underneath a bluebird sky is the view that Blaike Ford lives and relocated for.Home for Ford is now Breckenridge, Colorado. But before the pandemic struck, the 32-year-old music marketer had been living in New York after working at Spotify for nearly a decade.


15 Easy Ways to Prep Your House for a Sale

Use this handy checklist to help find a buyer when your house is going on the market.

Sabrina Soto, home-staging expert, and host of HGTV’s Get It Sold, shares her tips on what to do before putting a house on the market. Print out this handy checklist.

  • Use “home wash” (a hose attachment that is available at any home improvement store) to clean the outside of the house.
  • Clean rain gutters as well as outside windows and screens.
  • Make sure the front door is inviting. Paint it if needed. Also, replace any outdated exterior lighting fixtures.
  • Buy new house numbers if the old ones are dated or faded. Be sure buyers can see the new ones from the curb.
  • Buy a new welcome mat.
  • Eliminate half of your belongings – clutter can cost you a sale. Rent a storage unit or portable pod for extraneous pieces of furniture or knickknacks. Another idea is to ask a friend if you can borrow some space in his or her garage.
  • Organize all closets and drawers. Buyers might look there.
  • Make any necessary repairs so that buyers don’t have to add that to their mental list of post-purchase expenses.
  • Rearrange furniture to make rooms appear as large as possible.
  • Make every surface shine, from ceiling fans to baseboards. Don’t forget interior windows, mirrors, and floors.
  • Scrub every inch of the kitchen and bathrooms.
  • Depersonalize each room, removing photo frames and posters or artwork.
  • Buy new linens and pillows if necessary. Be certain they are a neutral color.
  • Buy an air neutralizer and spray it often.
  • Let go emotionally of your home, and get ready for an offer

Source: hgtv.com

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