{"id":4107,"date":"2022-04-06T05:00:51","date_gmt":"2022-04-06T10:00:51","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/remote-work-trends-mean-flexibility-for-first-time-homebuyers\/"},"modified":"2022-04-06T05:00:51","modified_gmt":"2022-04-06T10:00:51","slug":"remote-work-trends-mean-flexibility-for-first-time-homebuyers","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/remote-work-trends-mean-flexibility-for-first-time-homebuyers\/","title":{"rendered":"Remote Work Trends Mean Flexibility for First-Time Homebuyers"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/04\/05102246\/20220406-KCM-Share-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Remote Work Trends Mean Flexibility for First-Time Homebuyers | Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>Today&#8217;s <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/02\/23\/how-supply-and-demand-can-impact-your-buying-and-selling-goals\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">low inventory<\/a> can be challenging for homebuyers, especially if you\u2019re looking to purchase your first home. But if you&#8217;re one of many people who work <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/09\/21\/remote-work-is-here-to-stay-can-your-home-deliver-the-space-you-need\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">remotely<\/a>, you may have a great opportunity to use the flexibility you have at work to achieve your <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/01\/07\/how-to-hit-your-homebuying-goals-this-year-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">homebuying goals<\/a> this year.<span id=\"more-46275\"><\/span><\/p>\n<p>In a recent report, <a href=\"https:\/\/mortgage.archgroup.com\/wp-content\/uploads\/sites\/4\/MCUS-B1583A-0222-HaMMR-Winter-2022.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><em>Arch Capital Services<\/em><\/a> explains how the ongoing trend of remote work can open up more options for homebuyers:<\/p>\n<blockquote>\n<p><em>\u201c. . . This will enable those who are able to work from home on a part-time or hybrid basis to move slightly farther away from job centers. . . . <strong>For workers who secure full-time remote jobs, their place of residence will be determined by affordability and personal preferences<\/strong>.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Basically, working from home is great news if you\u2019re a first-time buyer trying to find a <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/17\/did-your-dream-home-just-come-on-the-market\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">home<\/a> that meets your needs and <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/09\/key-factors-that-impact-affordability-today\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">budget<\/a>. Here\u2019s a deeper look at how it could benefit you.<\/p>\n<h4><strong>Extra Flexibility in Your Career Means Extra Flexibility in Your Home Search<\/strong><\/h4>\n<p>If your job is 100% remote, you don\u2019t have to be tied to a specific location or office. So, if you\u2019ve been having a hard time finding what you want in your local area, it may be time to expand your search.<\/p>\n<p>One option you could consider is moving to a place where you\u2019ve always wanted to live, like the mountains, beach, or closer to loved ones. When you broaden your search radius to include those locations, it\u2019ll give you additional homes to consider.<\/p>\n<p>It could also allow you to search for a more affordable location where you have more options in your price range. This can help you achieve two goals \u2013 saving money and finding additional <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/25\/how-an-energy-efficient-home-can-be-a-bright-idea-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">features<\/a> that meet your needs. To truly highlight this benefit, a recent <em>First American<\/em> <a href=\"https:\/\/blog.firstam.com\/economics\/how-the-ability-to-work-remotely-is-changing-housing-affordability-for-first-time-home-buyers\" target=\"_blank\" rel=\"nofollow noopener\">article<\/a> discusses the great ways remote work can really help you with your homebuying goals. Ksenia Potapov, Economist at <em>First American<\/em>, says:<\/p>\n<blockquote>\n<p><em>\u201cFor potential first-time home buyers, leveraging their house-buying power in more affordable markets can also help them buy more attractive homes \u2013 <strong>more square footage and rooms, more options for different home styles and neighborhood amenities<\/strong> \u2013 increasing the opportunity to find a home that suits their preferences.\u201d<\/em><\/p>\n<\/blockquote>\n<p>That means you can use your work flexibility to <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/16\/are-you-wondering-if-this-is-the-year-to-buy-a-home\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">search<\/a> for homes with the <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/02\/28\/millennials-do-you-need-a-home-with-more-space\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">amenities<\/a> you need at a lower price point.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>Remote work doesn\u2019t just give you expanded flexibility for your career. If you\u2019re no longer tied to a location because of your office, you have a great opportunity to expand your housing search. Let\u2019s connect to explore how this can open up your options.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s low inventory can be challenging for homebuyers, especially if you\u2019re looking to purchase your first home. But if you&#8217;re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year. In a recent report, Arch Capital Services [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4108,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-4107","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Remote Work Trends Mean Flexibility for First-Time Homebuyers&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/remote-work-trends-mean-flexibility-for-first-time-homebuyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Remote Work Trends Mean Flexibility for First-Time Homebuyers&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Today&#8217;s low inventory can be challenging for homebuyers, especially if you\u2019re looking to purchase your first home. 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