NASHVILLE, Tenn. (WTVF) — The spike in people working from home could actually help Nashville's housing market in the near future.
A lot of young professionals like to live in places like the Gulch, for example, but if the work from home trend stays, a lot of people could be moving out to the suburbs.
A study from Zillow says a lot of people would consider moving to a larger home in the suburbs because it’s cheaper. That would mean prices could then dip in places like the downtown area.
In the wake of the pandemic, home prices are expected to drop around 2% to 3%, making now the perfect time to find a spot for your new home office.
The study also found that many people wouldn’t mind longer commutes if they can work from home on a regular basis
What is the rebound?
As Middle Tennessee works to rebound from the impact of the Coronavirus, we want to help. Whether it's getting back to work, making ends meet during this uncertain time, or managing the pressure, we're committed to finding solution. In addition, we want to tell your stories of hope, inspiration, and creativity as Middle Tennessee starts to rebound.
Find more in the sections below
More Safely Back to School storiesHow schools are changing, and what you can do to help your child get the most from their education, in-person or virtual
Getting Back To WorkLearn about the latest job openings, how to file for benefits and succeed in the job market.
Making Ends MeetFind help on topics from rent to food to new belt-tightening techniques.
Managing the PressureFeeling isolated or frustrated? Learn ways to connect with people virtually, get counseling or manage your stress.
Doing What’s RightKeep track of the way people are spending your tax dollars and treating your community.
Keeping You SafeFrom schools to stores to restaurants, learn what’s being done to keep you safe.