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Zillow: Work from home opportunities may prompt move to suburbs

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Posted at 6:53 AM, May 28, 2020
and last updated 2020-05-28 08:56:36-04

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