Over the past year, many homeowners realized what they need
in a home is changing, especially with the rise in remote work. If you’re
longing for a dedicated home office or a change in scenery, now may be the time
to find the home that addresses your evolving needs.
Working from Home Isn’t a Passing Fad
Before the pandemic, only 21% of individuals worked from home.
However, if you’ve recently discovered remote work is your new normal, you’re
A survey of hiring managers conducted by Statista and Upwork
projects 37.5% of U.S. workers will work remotely in some capacity over the
next 5 years (see chart below):
Working from Home Gives You More Flexibility and More
If you fall in that category, working from home may provide
you with opportunities you didn’t realize you had. The ongoing rise in remote
work means a portion of the workforce no longer needs to be tied to a specific
area for their job. Instead, it gives those workers more flexibility when it
comes to where they can live.
If you’re one of the nearly 23% of workers who will remain
100% remote, you have the option to move to a lower cost-of-living area or to
the location of your dreams. If you search for a home in a more affordable
area, you’ll be able to get more house for your money, freeing up more options
for your dedicated office space and more breathing room. You could also move to
an area you’ve always dreamed of vacationing in – somewhere near the beach, the
mountains, or simply an area that features better weather and community
amenities. Without your job tying you to a specific location, you’re bound to
find your ideal spot.
If you’re one of the almost 15% of individuals who will have
a partially remote or hybrid schedule, relocating within your local area to a
home that’s further away from your office could be a great choice. Since you
won’t be going into work every day, a slightly longer commute from a more
suburban or rural area could be a worthy trade-off for a home with more
features, space, or comforts. After all, if you’ll still be at home part-time,
why not find a home that better suits your needs?
According to the latest Top Ten Issues Affecting Real Estate
from The Counselors of Real Estate (CRE), many homebuyers are already taking
advantage of their newfound flexibility:
“. . . after years of apparent but variant trends towards
urbanization, the pandemic universally caused a movement away from urban cores,
particularly for those with higher incomes who could afford to move and for
lower-income individuals seeking lower costs of living.”
If you’ve found what you’re looking for in a home has
changed due to remote work, it may be time to make a move. Let’s connect today
to start prioritizing your home needs.