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    How Remote Work Continues to Impact Home Sales for Buyers & Sellers

    The shift to remote work over the past two years has changed most aspects of our day-to-day lives, especially how we work....

    • SAMANTHA KASPRZYK-BENGE
    • September 20th, 2024
    • 4 min read

    The shift to remote work over the past two years has changed most aspects of our day-to-day lives, especially how we work. As Americans and Canadians continue to embrace working from home, their housing needs are also shifting, impacting home trends. In this post, we’ll go over work from home’s impact on the real estate market and what you should know if you’re looking to buy a home or sell your home.

    People Are Flocking to the Suburbs and Rural Areas

    Without needing to commute to a downtown office five days a week, people are leaving big cities in droves, favoring a calmer, quieter, and less expensive life in the suburbs or rural areas. They’re trading in the concrete jungle for rolling pastures and room to breathe. According to Forbes, urban centers such as Toronto, San Franciso, and New York City have seen the greatest losses, and their nearby suburbs have seen the greatest gains. This is causing a boom in the suburban and rural housing markets that haven't been seen in decades. 

    People Want Larger Homes and More Space

    If you’re going to work from home, you need a home office, or at least a den, spare bedroom, or basement to work efficiently. This is leading to more people seeking out larger homes that have the amenities required to set up functional, comfortable home offices. 

    In addition to space to work, home buyers are also looking for space to play, especially outdoor space. The outdoor home trends that are seeing the most demand from homebuyers include:

    • Patios and decks
    • Pools and water features
    • Designated outdoor kitchens and BBQ areas
    • Fire pits
    • Landscaping and flowers
    • Beautiful outdoor lighting
    • Patio furniture that comes with the home
    • Large backyards for their pets and children to play and roam

    A Rise in Demand for Multi-Purpose Spaces

    Homebuyers are putting functionality above all else these days, meaning they no longer want a traditional “media room” or library. Instead, they prefer one large multi-use space, where they can work, host Zoom meetings, help their kids with their homework, and even gather with their friends and family on special occasions and weekends.

    Seeking Communities With Amenities

    Homebuyers don’t only want their homes to accommodate their remote work. They want their communities to do the same. To break up the monotony associated with staring at the same four walls day in and day out — before, during, and after work — homebuyers are looking for communities with coffee shops, restaurants, and even co-working spaces with plenty of wi-fi accessibility so they can take their work out of the house when they want to. Parks and green spaces with wi-fi connectivity are also in demand for WFHers who like to get out and enjoy some sunshine and fresh air during their workdays.

    Increased Demand Is Driving Up Costs

    WFH is driving a lot of people — mainly millennials — to finally take the plunge into homeownership so they can have comfortable spaces to call their own. As we’ve seen over the past year, as a result, the housing market is sizzling and prices are skyrocketing. Some estimates expect remote work to fuel the demand for housing for several more years.

    Another factor driving up demand is foreign buyers looking for secondary homes in the United States and Canada. In fact, Canada has recently banned foreign home buyers for two years to cool down the flaming housing market.

    Real Estate Goes Remote

    If the pandemic has taught us one thing, it’s that virtually anything can be done from home. This means homebuyers expect their real estate hunt to take place virtually, too.  That includes:

    • Virtual tours of properties and open houses
    • Apps that allow easy interviews with tenants and chat with their real estate agent on-demand
    • Digital security checks
    • A digital mortgage process
    • Digital certificates and documentation 
    • Digital closing

    To learn more about 2022 home trends, browse our blog. We publish new informative articles each month!

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    Author Photo
    About the author

    SAMANTHA KASPRZYK-BENGE

    941.650.3732
    Samantha is a prominent figure in Sarasota’s luxury real estate scene. With more than 20 years of experience and over $325 million in sales, she’s recognized for her keen insight and strategic acumen. Renowned for her straightforward approach and analytical mindset, Samantha has established a track record of exceptional outcomes, helping her clients maximize their investments with integrity and unwavering commitment. For the past 20+ years, Samantha has been a trusted guide for clients seeking their ideal home in Sarasota’s stunning landscape, from beachfront properties to cultural hotspots. Her honest, direct approach and deep understanding of her clients’ needs have built a loyal base of repeat clients and strong connections with Sarasota’s most respected real estate professionals. Samantha’s attention to detail and commitment to her sellers ensure that every property reaches its full market potential. Her ability to seamlessly navigate complex transactions, combined with her strategic thinking and dedication, has earned her the highest regard in the industry. A graduate of the University of Wisconsin-Oshkosh with a degree in Business Administration, Samantha's midwestern values and strong work ethic are at the core of her success. Beyond her career, Samantha is passionate about Sarasota’s cultural and natural beauty. When she’s not working, she enjoys spending time by the Gulf of Mexico with her daughter, Isla, embracing the “salt-life” that so many of her clients desire. Partnering with Keith Redding under William Raveis, Samantha continues to deliver exceptional results as part of the leading family-owned real estate firm along the Suncoast.

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    Benge Redding Luxury Specialists

    Benge Redding Luxury Specialists

    6021 Midnight Pass Rd., Sarasota, FL 34242

    6021 Midnight Pass Rd., Sarasota, FL 34242

    Call Us:

    941.650.3732

    Message Us:

    [email protected]

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