Remote Work Is Changing How Some Buyers Search for Their Dream Homes

<article class="post-801473 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-801473"><span class="entry-date">September 20, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">Remote Work Is Changing How Some Buyers Search for Their Dream Homes</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=Remote+Work+Is+Changing+How+Some+Buyers+Search+for+Their+Dream+Homes&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fremote-work-is-changing-how-some-buyers-search-for-their-dream-homes%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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<p>The way Americans work has changed in recent years, and remote work is at the forefront of this shift. Experts say it’ll continue to be popular for years to come and <a href="https://www.zippia.com/advice/remote-work-statistics/" rel="noopener noreferrer" target="_blank">project</a> that <strong>36.2 million Americans will be working remotely by 2025</strong>. To give you some perspective, that’s a <a href="https://www.zippia.com/advice/remote-work-statistics/" rel="noopener noreferrer" target="_blank">417%</a> increase compared to the pre-pandemic years when there were just 7 million remote workers.</p>
<p>If you’re in the market to <a href="https://www.simplifyingthemarket.com/2023/09/07/get-ready-for-smaller-more-affordable-homes/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">buy a home</a> and you work remotely either full or part-time, this trend is a game-changer. It can help you overcome some of today’s <a href="https://www.simplifyingthemarket.com/2023/09/06/mortgage-rates-past-present-and-possible-future/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">affordability</a> and housing <a href="https://www.simplifyingthemarket.com/2023/08/25/todays-housing-market-has-only-half-the-usual-inventory-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">inventory challenges</a>.</p>
<h4><strong>How Remote Work Helps with Affordability </strong></h4>
<p>Remote or hybrid work allows you to change how you approach your home search. Since you’re no longer commuting every day, you may not feel it’s as essential to live near your office. If you’re willing to move a bit further out in the suburbs instead of the city, you could open up your pool of affordable options. In a recent study, <em>Fannie Mae</em> <a href="https://www.fanniemae.com/research-and-insights/perspectives/workplace-flexibility-may-help-address-affordability-concerns" rel="noopener noreferrer" target="_blank">explains</a>:</p>
<blockquote><p>“<em>Home affordability may also be a reason why we saw an increase in remote workers’ willingness to relocate or live farther away from their workplace . .</em> .”</p></blockquote>
<p>If you’re thinking about moving, having this kind of location flexibility can boost your chances of finding a home that fits your budget. Work with your agent to cast a wider net that includes additional areas with a lower cost of living.</p>
<h4><strong>More Work Flexibility Means More Home Options</strong></h4>
<p>And as you broaden your search to include more affordable options, you may also find you have the chance to get more features for your money too. Given the low supply of <a href="https://www.simplifyingthemarket.com/2023/08/08/theres-only-half-the-inventory-of-a-normal-housing-market-today/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">homes for sale</a>, finding a home that fits all your wants and needs can be challenging.</p>
<p>By opening up your search, you’ll give yourself a bigger pool of options to choose from, and that makes it easier to find a home that truly fits your lifestyle. This could include homes with more square footage, diverse home styles, and a wider range of neighborhood amenities that were previously out of reach.</p>
<p>Historically, living close to work was a sought-after perk, often coming with a hefty price tag. But now, the dynamics have changed. If you work from home, you have the freedom to choose where you want to live without the burden of long daily commutes. This shift allows you to focus more on finding a home that is affordable and delivers on your dream home features.</p>
<h3>Bottom Line</h3>
<p>Remote work goes beyond job flexibility. It’s a chance to broaden your horizons in your home search. Without being bound to a fixed location, you have the freedom to explore all your options. Reach out to a local real estate agent to find out how this freedom can lead you to your ideal home.</p>
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