The Remote Work Revolution's Impact on Housing
The shift to remote work has fundamentally transformed home buyers' priorities, driving a significant exodus from urban centers. Home offices and adaptable spaces have become essential features rather than luxuries, with buyers seeking dedicated work areas that offer privacy and professional backdrops. This migration has fueled surging interest in suburban and rural properties, where buyers can secure larger homes with outdoor spaces at lower price points than city dwellings. Additionally, mid-sized cities are experiencing unprecedented growth as remote workers capitalize on the opportunity to relocate to more affordable markets while maintaining their higher-paying jobs, leading to emerging "zoom towns" - smaller cities with strong internet infrastructure and attractive lifestyle amenities. We have access to information on all cities throughout Southern California and beyond, so feel free to contact us..
- When you need to work on your credit. Maybe your credit score is just starting to recover, but you need more time to pay down debts for a couple of years. With rent-to-own, you could start investing in a home while you bring up your score.
- You’re close, but not quite ready to secure a mortgage. You might have a good job with a significantly bigger salary, but you haven’t been there long enough for a lender to consider it a stable source of income. Or maybe you’re self-employed and you’re still building a reliable track record. Rent-to-own allows time to build personal wealth and financial credibility while working toward your homeownership goals.
- When you know you’re going to buy when the lease expires. If you’re not ready to buy when the lease expires, then you will lose any rent credit, i.e. investment, you’ve put into the home.
