Zillow, Redfin predict a ‘suburban boom’ in US real estate market as remote work becomes more common
With large tech companies like Amazon and Microsoft extending their work-from-home policies until the fall due to the COVID-19 pandemic, economists are predicting that real estate trends might shift and cause a “suburban boom” in the housing market.
In a newly released survey, the Seattle-based Zillow Group found that 75% of Americans working from home due to COVID-19 would prefer to telecommute at least half of the time once the pandemic subsides, and 66% said they would consider moving if their job allowed them to continue telecommuting.
A recent Redfin survey…Click here to continue reading