The New House Hunt: How Remote Work Alters Homebuying Strategies

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 project that 36.2 million Americans will be working remotely by 2025. To give you some perspective, that's a 417% increase compared to the pre-pandemic years when there were just 7 million remote workers.

If you’re in the market to buy a home and you work remotely either full or part-time, this trend is a game-changer. It can help you overcome some of today’s affordability and housing inventory challenges.

How Remote Work Helps with Affordability

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, Fannie Mae explains:

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 . . .”

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.

More Work Flexibility Means More Home Options

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 homes for sale, finding a home that fits all your wants and needs can be challenging.

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.

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.

Bottom Line

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 of your options. Let’s connect to find out how this freedom can lead you to your ideal home.

1819 Properties
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$785,000
Neighborhood: Port Charlotte Sec 093
3
Beds
2
Baths
1,857
Sq.Ft.
2002
Year Built
1
Day on Site
C7492807
MLS
$229,000
Neighborhood: Port Charlotte Sec 067
2
Beds
1
Baths
900
Sq.Ft.
1991
Year Built
1
Day on Site
C7492899
MLS
$307,990
Neighborhood: Port Charlotte Sec 056
3
Beds
2
Baths
1,550
Sq.Ft.
2024
Year Built
1
Day on Site
A4611152
MLS
$275,000
Neighborhood: Port Charlotte Sec 033
2
Beds
2
Baths
950
Sq.Ft.
1981
Year Built
2
Days on Site
A4609745
MLS
$264,900
Neighborhood: Port Charlotte Sec 007
2
Beds
2
Baths
1,352
Sq.Ft.
1978
Year Built
2
Days on Site
C7489409
MLS
$148,000
Neighborhood: Maple Leaf Estates
2
Beds
2
Baths
960
Sq.Ft.
1982
Year Built
2
Days on Site
C7492872
MLS
$437,900
Neighborhood: Port Charlotte Sec 050
4
Beds
3
Baths
2,265
Sq.Ft.
2024
Year Built
2
Days on Site
C7492915
MLS
$404,900
Neighborhood: Port Charlotte Sec 41
3
Beds
2
Baths
2,010
Sq.Ft.
2024
Year Built
2
Days on Site
C7492916
MLS
$148,000
Neighborhood: Cambridge House
2
Beds
2
Baths
919
Sq.Ft.
1979
Year Built
2
Days on Site
C7492921
MLS
$1,250,000
Neighborhood: Port Charlotte Sec 093
4
Beds
3
Baths
2,475
Sq.Ft.
2020
Year Built
2
Days on Site
N6132900
MLS
$624,999
Neighborhood: Port Charlotte Sec 082
3
Beds
2
Baths
1,977
Sq.Ft.
1995
Year Built
3
Days on Site
D6136535
MLS
$374,990
Neighborhood: Hammocks At West Port Phase Ii
3
Beds
2
Baths
1,720
Sq.Ft.
2023
Year Built
3
Days on Site
A4585823
MLS

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