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Remote Work Is Causing a Professional Migration—Here Are the New Metro Hotspots

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Market Data + Trends

Remote Work Is Causing a Professional Migration—Here Are the New Metro Hotspots

Realtor.com releases its list of the top 10 cities for virtual employees

 


November 23, 2021
Woman working remotely
Image: Stock.adobe.com

Thousands of workers across the country are quitting their jobs post-pandemic and migrating to seek out new employment thanks to the rise of remote work. Professionals formerly restricted to in-person office jobs are now faced with the opportunity to work and live anywhere, and many are taking advantage of the freedoms that come with virtual employment. 

Local real estate markets are seeing increased traffic with new professional migration patterns, and regions in the South and West are becoming the biggest hotspots for remote workers looking for steady economic growth, low cost of living, and an abundance of job opportunities, says Realtor.com. 

Everyone by now has heard of the “Great Resignation.” Workers all over the country—whether burned out, fed up, or just experiencing serious post-pandemic wanderlust—have decided now’s the time to finally call it quits.

However, there’s another transformative workforce trend also emerging, one that may have an even bigger long-term impact. Think of it as the “Great Reshuffle.” Because Americans aren’t just quitting old gigs—they’re also taking on new ones, wherever they may be. And often that means pulling up roots and buying or renting a home in a brand-new town, city, or state.

Thanks to the rise of remote work over the past year and a half, white-collar workers who can work from anywhere have been taking advantage of that freedom in ever-increasing numbers. Those previously desk-bound employees have moved away from the coasts to more affordable locales. Amid the shuffle, some workers have found perennial favorites like New York and San Francisco less attractive. They’re more drawn to states where housing costs are lower and where newer tech hubs are emerging.

For Realtor.com’s full list of the top 10 cities for migrating workers ...

Read More

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