How Remote Work Expands Your Homebuying Horizons

<article class="post-740866 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-740866"><span class="entry-date">July 13, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">How Remote Work Expands Your Homebuying Horizons</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=How+Remote+Work+Expands+Your+Homebuying+Horizons&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fhow-remote-work-expands-your-homebuying-horizons%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="How Remote Work Expands Your Homebuying Horizons Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/20230713-How-Remote-work-expands-your-homebuying-horizons.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
<p>Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you’re not alone. According to a recent <a href="https://www.flexjobs.com/blog/post/exploring-the-impact-of-remote-work-on-mental-health-and-the-workplace/" rel="noopener noreferrer" target="_blank">survey</a>, most working professionals want to work either fully remote or hybrid (<em>see below</em>):</p>
<p><a href="https://www.simplifyingthemarket.com/content/images/20230711/20230713-Ideal-work-environment.png?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank"><img decoding="async" src="https://files.keepingcurrentmatters.com/content/images/20230711/20230713-Ideal-work-environment.png"/></a></p>
<p>This trend is good news if you’re looking to <a href="https://www.simplifyingthemarket.com/2023/07/05/two-questions-to-ask-yourself-if-youre-considering-buying-a-home/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">buy</a> a home because a remote or hybrid work setup can help you overcome some of today’s affordability and <a href="https://www.simplifyingthemarket.com/2023/07/06/todays-housing-inventory-is-a-sweet-spot-for-sellers/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">housing inventory</a> challenges.</p>
<h4><strong>More Work Flexibility Equals More Home Options</strong></h4>
<p>Remote or hybrid work opens up a world of opportunities. That’s because it allows you to broaden your search for your next <a href="https://www.simplifyingthemarket.com/2023/06/27/why-homeownership-wins-in-the-long-run/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">home</a> since you’re no longer limited to living close to your workplace. With the freedom to work from anywhere, you can explore more affordable areas that may be located farther away from bustling city centers or your office. This flexibility can be a game changer while higher mortgage rates are making it difficult for some homebuyers to afford a home.</p>
<p>An <a href="https://www.nytimes.com/interactive/2023/06/17/upshot/17migration-patterns-movers.html" rel="noopener noreferrer" target="_blank">article</a> from the <em>New York Times</em> (NYT) highlights how remote work can greatly assist you in overcoming that challenge:</p>
<blockquote><p><em>“. . . take advantage of the opportunity remote work has presented to move to more affordable communities (either farther out in the suburbs, or in another part of the country).”</em></p></blockquote>
<p>And, since the supply of homes for sale is still so low, another key challenge for you today may be finding something with all of the features you want and need. Because remote work allows you to broaden your search radius to include additional areas, you may actually have less trouble finding a home with the features you want the most because you’ll have a bigger pool of options to pick from.</p>
<p>Working remotely gives you the flexibility to find an affordable home with the features you <a href="https://www.simplifyingthemarket.com/2023/07/03/evaluating-your-wants-and-needs-as-a-homebuyer-matters-more-today/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">want</a>. In other words, you have a better chance of getting what you need without blowing your budget. </p>
<h3>Bottom Line</h3>
<p>Working remotely not only gives you more flexibility in your job but also presents a great chance to broaden your search for a <a href="https://www.simplifyingthemarket.com/2023/07/04/americans-still-view-homeownership-as-the-american-dream/" rel="noopener noreferrer" target="_blank">home</a>. Since you’re not limited to a specific location, you have the opportunity to explore more options. Connect with a local real estate agent to discuss how this can expand your choices and help you find the perfect home.</p>
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