The realization that working from home will likely outlast the pandemic has altered the decision-making process for those in the market for a new home.
The ability to work from home is causing buyers to move sooner than expected, look at a broader range of geographic locations and, of course, seek out a home with a dedicated office space, according to a recent survey of more than 2,000 home shoppers who expect to move in the next year.
According to the realtor.com HarrisX survey of active home shoppers, 63% said their decision to buy a new house was a result of their ability to work remotely. Nearly 40% of those who said remote work was fueling their search expected to purchase a home within four to six months, and 13% said changes related to COVID prompted their desire to purchase a new home.
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