flexiblefullpage - default
Currently Reading

Buyers Continue to Choose Suburbs Over Cities

Advertisement
billboard - default
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
 

Advertisement
leaderboard2 - default

Related Stories

New-Home Sales

Mortgage Rates Are Up but New-Home Sales Still Solid in March

Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March

Labor + Trade Relations

Who's Earning What in Construction

Workers in construction management roles may earn a higher median wage, but on average, lower-paid occupations have experienced somewhat faster wage growth

Build to Rent

Build-to-Rent Is Booming, Particularly in These Metros

A recent report finds that the Phoenix metro leads with more than 4,000 build-to-rent units completed in 2023, and Texas is the leading state for build-to-rent development

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.