How Remote Work Expands Your Homebuying Horizons

Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you’re not alone.
If you want to buy a home, this trend is good news because a remote or hybrid work setting can help you get around some of the problems with affordability and housing supply today.

An Asian young man wearing white casual clothes. Sitting in the living room at home, working with a laptop.

Advertisements

More freedom at work means more choices at home.

Working from home or in a mixed way opens up a lot of doors. This is because it gives you more options when looking for your next home since you don’t have to live close to your job. Since you can work from anywhere, you can find cheaper places to live that may be farther from your job or the center of a busy city. This can make a big difference, especially since higher mortgage rates are making it hard for some people to buy a house.

An story from the New York Times (NYT) shows how working from home can help you a lot with that problem:

“Take advantage of the fact that remote work gives you the chance to move to a cheaper area (either further out in the suburbs or to a different part of the country).”

And because there are still so few homes for sale, you may find it hard to find something with all the features you want and need. Since working from home lets you search in more places, it may be easier to find a home with the features you want because you’ll have more choices.

Working from home gives you the freedom to find a home that fits your budget and has the features you want. That is, you are more likely to get what you need without going over your budget.

Bottom Line

Working from home not only gives you more freedom at work, but it’s also a great way to widen your look for a place to live. Since you’re not stuck in one place, you can try out more choices. Talk to a real estate agent in your area about how this can help you find the right home by giving you more options.