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02 October . 2020

Remote Work, A Refocus On Lifestyle Drives Second-Home Boom

Nationwide, people across the country are purchasing second homes in record numbers to take advantage of remote working and schooling flexibility, and as a way to enjoy life safely. According to John Burns Real Estate Consulting, there is a YOLO (you only live once) mindset prompting people to "invest in their family" and find a safe refuge for the future. Rather than the traditional escape on the weekends only, these second homes are typically within a 4-hour drive, and homeowners are spending a majority of time in these new houses. With the pandemic still in full swing across the country, these second-home shoppers are looking for move-in ready homes or homes that have a simple and short build process.

John Burns Real Estate Consulting Second Home Boom Infographic