How Affordability and Remote Work Are Changing Where People Live

What's up everyone, Adam Gillespie here. Let’s dive into how affordability and remote work are totally shaking up where people are choosing to live.

Move to a More Affordable Area

With mortgage rates through the roof and home prices climbing, affording a house is a serious challenge. That’s why a lot of smart buyers are looking at areas where homes are cheaper and the cost of living is lower. As Orphe Divounguy, Senior Economist at Zillow, puts it:

“Housing affordability has always mattered . . . and you’re seeing it across the country. Housing affordability is reshaping migration trends.”

If you’re in the market for a new home, it might be time to expand your search to places where your money goes further. Extra Space Storage explains:

“55% of American adults are looking to relocate to a different state or city for more affordable homes and lower costs of living. States with strong economies, lower living costs, and remote work options are the hot spots in the U.S.”

Remote Work Opens Up More Home Options

If you're lucky enough to work remotely or only need to commute a few times a week, your home search just got way easier. Remote work means you can look beyond city limits to the suburbs or even rural areas. Market Place Homes points out:

“People start to reconsider where they want to live when commute times are slashed in half or eliminated altogether. If they have a longer commute but don’t have to do it daily, they may feel like they can tolerate living farther away from their job. Or, if someone works entirely remotely, they can move to a cheaper area and get a lot of house for their dollar.”

How I Can Help You Find Your Perfect Home

Navigating these changes can be tricky, and that’s where I come in. As your straight-shooting, no-BS realtor, I can help you find the perfect home for your budget, especially if you’re moving to a new area. Bankrate explains:

“If you’re moving far away, you may not have a good idea about which neighborhoods or towns will be the best fit. An experienced local agent can help you find the lifestyle you’re looking for in a home you can afford.”

So, if you’re thinking about relocating to a more affordable area, hit me up. With the flexibility of remote work, your options are wider than ever.

Bottom Line

Dreaming of a place where your money goes further? Connect with me, Adam Gillespie, your no-nonsense real estate agent, and let's find your next home together. Your dream of homeownership is closer than you think. Let's make it happen!