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Buy a Home - Then Work from Home!

Buy a HomeThen Work from Home!

It has definitely been one for the “Totally Unexpected Life Benefits” file: While COVID-19 at first was super disruptive as it sent us all to hunker down at home, tens of millions of Americans now ENJOY the incredible opportunity and freedom of working at home. In fact, nearly 40 percent of us are still doing it, with most of us LOVING it.

Your Perfect Opportunity to Move within Maine or to Maine

Have you always dreamed of living wherever you choose instead of where a job forces you to live? Do you dream of the unique laid-back lifestyle and affordability that Mainers cherish? Because of the pandemic and America’s rapidly changing workplace, there never has been a better time to buy a home in Maine and then enjoy the wonderful freedom and flexibility of your new telework opportunity.

Urban Flight to Maine Escalating

This new “Buy a Home/Work from Home” phenomenon is not lost on Mainers or on folks from out-of-state, particularly those in urban areas hit hardest by the pandemic. According to a recent news segment from WMTW-TV entitled “Evidence Growing of Urban Flight to Maine”, there is increasing evidence that 2020 has made Maine look incredibly inviting to out-of-staters. And they’re acting NOW on their desire to buy a home, then work at home here. Recognition of this situation is now being backed by hard new data from the organization Live + Work in Maine - whose catchy slogan is “Make Maine Your Home Office”. This data is further supported by the Maine Association of REALTORS’®, who just reported that sales of Maine homes to out-of-state residents rose 5.5 percent in July 2020 compared to July 2019.

Other Key Benefits of “Buy a Home/Work from Home”

The “New Abnormal” we’re all living through has also resulted in additional interesting and unexpected benefits for current and future Maine homeowners. As recently pointed out by Coldwell Banker Real Estate CEO Ryan Gorman on CNBC, it is now much more possible for prospective homebuyers to look in a slightly different part of their current geographical area. For example, instead of needing to live within a 30-minute commute of the office, you might now be able to get “more house for less” by living 45 to 60 minutes away, confident that you’ll have to commute less frequently. This can also be a huge plus if you desire to buy a home with more space for a home office and/or home education. As Mr. Gorman said, “You're able to find much more when you broaden your search territory.”

If you’d like to sell or buy a home in the greater Augusta, Maine area—or simply have questions—we invite you to contact us today.

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