For years, buyers have been flocking to cities and close-in suburbs, seeking a boost in quality of life by shortening their commutes and gaining easy access to restaurants and cultural events. The pandemic turned that trend on its head.
Last year, a number of city dwellers migrated to the suburbs and exurbs to get more space, both indoors and outdoors. Gaining the freedom to telecommute gave more buyers the ability to move from urban centers. A survey from the American Institute of CPAs found that 42% of employed Americans worked remotely at some point during the pandemic. Companies such as Twitter, REI and Square have announced plans to let employees work remotely indefinitely.
Click here to read the full story.