Have you noticed how the way Americans work has been changing lately? One big change that's been taking place is remote work. It's become super popular and experts are saying it's only going to get more common in the coming years. In fact, they're predicting that by 2025, a whopping 36.2 million Americans will be working remotely. To put that in perspective, it's a crazy 417% increase compared to the years before the pandemic when there were only 7 million remote workers. Isn't that wild?

If you're looking to buy a house and you work from home either full-time or part-time, this new trend is a real game-changer. It can actually help you tackle some of the challenges we face today with affordability and the limited availability of houses.

How Remote Work Helps with Affordability

With remote or hybrid work becoming more common these days, it's really changing the game when it comes to searching for a home. Since you don't have to commute every day, living near your office might not be as important anymore. You have the freedom to consider living a bit further out in the suburbs instead of the city. And guess what? This can actually give you a wider range of affordable options to choose from. Fannie Mae recently did a study that explains all this in detail.

“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 . . .”
— Fannie Mae

If you're considering moving, being open to different locations can increase your chances of finding an affordable home. Talk to your agent to explore more areas that have a lower cost of living.

More Work Flexibility Means More Home Options

As you start looking for more affordable options, you might come across some great deals that give you more bang for your buck. With the limited number of homes available for sale, finding your dream home with all the features you want can be quite a challenge.

If you broaden your search, you'll have more options to choose from, which makes it easier to find a home that really matches your lifestyle. You might find homes with more space, different styles, and a wider variety of neighborhood features that you couldn't consider before.

In the past, it was seen as a great advantage to live near your job, even though it usually came with a high cost. But things have changed now. If you have the option to work remotely, you have the freedom to decide where you'd like to live without worrying about long commutes every day. This change lets you concentrate on finding a home that fits your budget and has all the features you've always wanted in your dream home.

Bottom Line

Have you ever thought about how remote work can open up new possibilities in your home search? It's not just about having the flexibility to work from anywhere, it's about the opportunity to broaden your horizons and explore all the options available to you. No more being tied down to one location! Let's chat and discover how this newfound freedom can help you find your dream home.