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Buyers Continue to Choose Suburbs Over Cities

Market Data + Trends

Buyers Continue to Choose Suburbs Over Cities

October 16, 2020
Family moving
Photo: Joshua Resnick

While the pandemic upended lives in the ways of remote work and learning, it gave homeowners the opportunity to feel more comfortable upending their own living situations. Homeowners have reevaluated their lifestyles and homes much more in the midst of the pandemic, and it helps that mortgage rates have dropped to record lows. More than 16,000 New Yorkers changed addresses to suburban Connecticut addresses from March to June, according to the Washington Post. And nearly 42% of Americans reported working from home in June, but there are many companies moving to telecommuting options permanently. Read more to see why some families decided to make the move. 

For Scott and Cindy Anderson and their two children, virtual school and remote work provided an opportunity to make a big move from San Jose to Gig Harbor in Washington state.

“We have lots of family in Washington [state], including my parents, two brothers and my oldest nephew and their families, so we had talked for a couple of years about moving there,” says Scott, 42, who works for Blue Lava, a cybersecurity firm in Silicon Valley. “When my office went 100 percent remote and the kids’ school went virtual, it was an opportunity for us to explore moving.”

The Andersons’ children were each about to change schools, one going to middle school and the other to high school, so that also seemed to line up as a better time to move than once they were settled into their next schools, Scott says.

Read More

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