flexiblefullpage - default
Currently Reading

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

Advertisement
billboard - default
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

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.