~ Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too? ~

Dated: July 21 2021

Views: 13

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too? | Simplifying The Market

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

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 not alone.

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):Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too? | Simplifying The Market

Working from Home Gives You More Flexibility and More Options

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.”

Bottom Line

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.

Blog author image

Laura Byther

They say I have been more than a REALTOR®. I became their friend, always in their corner working for the best outcome guiding them every step of the way. Over 29 years I have walked beside my client....

Latest Blog Posts

~ Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes ~

Surprising Shift Favors Homeowners: Buyers Now Prefer Existing HomesIn April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift

Read More

~ Sellers: Make Today’s Home Price Appreciation Work for You ~

Sellers: Make Today’s Home Price Appreciation Work for YouHome prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to

Read More

~ With Rents on the Rise – Is Now the Time To Buy? ~

With Rents on the Rise – Is Now the Time To Buy?According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas

Read More

~ Key Questions To Ask Yourself Before Buying a Home ~

Key Questions To Ask Yourself Before Buying a HomeSometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in,

Read More