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BLOG MOVE TO FAR AWAY SUBURBS IS PREFERRED CHOICE FOR FIRST-TIME HOME BUYERS

Because professionals don't have to come office on regular basis the average commute time to work for such professionals is now increasing. Many first-time homebuyers are choosing to live in suburbs and commute for 90-120 minutes as and when demanded by the work. Plus family benefit with more space at home to effectively work from home as well as take care of children at home. 

31 March 2020 / POSTED BYNITESH MEHROTRA
NEWS NEW SUBURBAN BOON NOW POSSIBLE IN US DRIVEN BY REMOTE WORKING TRENDS

Where people choose to live has traditionally been tied to where they work, a dynamic that through the past decade spurred extreme home value growth and an affordability crisis in coastal job centers. But the post-pandemic recovery could mitigate or even produce the opposite effect and drive a boom in secondary cities and exurbs, prompted not by a fear of density but by a seismic shift toward remote work.

INTERNET ARTICLE LOCATION AND WORK

Will cities remain attractive for the quality of life they offer (arts, culture, nightlife, etc)? Or will the suburbs stand to gain? Or will more idyllic locations like the mountains or the beach become the location of choice? Or will second and third tier cities become more attractive? I do not have a crystal ball on this question. Affordability (or lack thereof) and gentrification have been a blight on our cities. If we can reverse that trend, much good will come of it.

OUR DATA

We use industry-leading, trusted data sources that we continually test and vet for integrity to deliver on our promise of accurate, fast data-driven neighborhood discovery. The data we aggregate and verify comes from known, trusted sources from official government agencies, including the U.S. Bureau of the Census and U.S. Department of Education. We also leverage data from industry leaders including Zillow, Redfin's WalkScore, TravelTime, Google Maps, and GreatSchools.
  • U.S. Bureau of the Census
  • U.S. Bureau of Labor Statistics
  • Federal Bureau of Investigation
  • U.S. Department of Housing
  • U.S. Department of Education
  • Google Maps
  • Mapbox
  • TravelTime Platform
  • Redfin's Walkscore
  • GreatSchools
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