Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?
Recent headlines indicate that working from home isn’t a passing fad. The pandemic has shifted the way employers view working from home. In the past year, we’ve actually had clients move out of the state as they’re able to permanently work from home. Remote work gave them the option of purchasing a larger home in the location of their dreams.
For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some people are taking advantage of this situation to buy a bigger home, and others thought working from home would be temporary, so they chose to get creative and make the space they already had work for them.
If you’re still longing for a dedicated home office, now may be the time to find the home that addresses your evolving needs. More and more companies are delaying their plans to return to the office – others are deciding to remain fully remote permanently. According to economists from Goldman Sachs in a recent article from CNN:
“Job ads increasingly offer remote work and surveys indicate that both workers and employers expect work from home to remain much more common than before the pandemic.”
Other experts agree. A survey conducted by Upwork of 1,000 hiring managers found that due to the pandemic, companies were planning more remote work now and in the years to come. The charts below break down their findings and compare pre- and post-pandemic percentages.
How Does This Impact Homeowners?
If you’re working remotely and own your home, it’s important to realize that continued remote work may give you opportunities you didn’t realize you had. Since you don’t need to be tied to a specific area for your job, you have more flexibility when it comes to where you can live and how you live.
If you’re one of the nearly 23% of workers who will remain 100% remote: You have the option to move to a lower cost-of-living area or to the location of your dreams. In more affordable areas, you’ll be able to get more home space for your money, giving you more breathing room and more options for your dedicated office. You could also move to a location where you’ve always wanted to live – somewhere near the beach, the mountains, or simply a market that features the kind of weather and community amenities you’re looking for. Without your job tying you to a specific location, you’re bound to find your ideal spot.
If you’re one of the almost 15% of individuals who will have a partially remote or hybrid schedule: Relocating within your local area to a home that’s further away from your office could be a great choice. Since you won’t be going in to work every day, a slightly longer commute from a more suburban or rural neighborhood may be a worthy trade-off for a home with more features, space, or comforts.
If ongoing remote work is changing what you need in a home, let’s connect and take a look at home options that fit your needs! Give us a call at 562-896-2456.