'Amazon Room' Becomes Hot Amenity for Hollywood Homebuyers Amid Pandemic

The"Amazon Room." According to Mauricio Umansky, CEO and founder of The Agency, that's the latest amenity some high-end Hollywood homebuyers are seeking when shopping for a new estate. In a COVID-19 world, buyers are looking for a room to store the many packages that arrive, and also a spot for them to decontaminate before opening.

"Everybody kind of stepped back from the market this spring," Tucker says."Buyers came back in a really big way, especially in June and July. Now there are more sales happening than this time last year in the L.A. area, and so the demand seems surprisingly robust." "The Valley's doing well right now, and that's not a coincidence because you can get decent land in the Valley for reasonable pricing. I'm doing a ton of deals in Studio City, Sherman Oaks and Encino," says Oppenheim Group president Jason Oppenheim.

Agents also lead FaceTime tours of homes for potential buyers. Once qualified buyers decide to tour the house, they face myriad restrictions. Only two potential buyers from the same family can tour with one agent, and all are masked. Many agencies request that only the gloved agent open closet doors and drawers.

The lack of inventory has many causes. According to Tucker, during the pandemic, 7.5 percent of active mortgages have gone into forbearance nationwide, which means that due to hardships , homeowners can press pause on paying their mortgage or pay at lower rates. This encourages owners who are deferring mortgages to stay put. Low mortgage rates also influence folks to refinance their homes rather than move.

Kendall jenner

That's dumb. Just use a garage for that.

This wasn't an interesting contribution to any discourse 4 hours ago THR.

Zzzzzzzzzz...

The new normal :)

Whats an amazon room?

I genuinely hope to be wealthy and in the Hollywood scene and this is too ridiculous for me.

Fyi jozettejoy need to start pushing the amazon room now. Lol.

Typo in your fucking headline

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