"For decades, homebuying started with one central question: How long is the commute? While that question is still important, some are still working from home or have a hybrid schedule that makes this question weigh differently."
"Data from U.S. suggest that about 10% have moved further from the office due to the ability to work from home some or all of the time. In the years since the pandemic, the share of those now working more than 50 miles from their office grew from less than one percent to 5.5% by 2023."
"While flexibility is a major advantage of remote work, affordability is often the catalyst behind relocation. Migration trends show that, of all the major US metros, Sacramento was the most searched for destination among homebuyers looking to relocate."
Remote work has significantly influenced homebuying trends, shifting focus from commuting distance to lifestyle preferences. Buyers now evaluate cities based on lifestyle, cost of living, and long-term affordability. The ability to work remotely has led to a rise in individuals moving further from their offices, with a notable increase in those living over 50 miles away. Affordability remains a key factor in migration patterns, with cities like Sacramento and Phoenix becoming popular relocation destinations among homebuyers seeking better living conditions.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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