How Affordability and Remote Work Are Changing Where People Live There’s an interesting trend happening in the housing market . People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates combined with continually rising home prices mean it’s tough for a lot of people to afford a home right now. That’s why many interested buyers are moving to places where homes are less expensive, and the cost of living is lower. As Orphe Divounguy, Senior Economist at Zillow , explains : “Housing affordability has always mattered . . . and you’re seeing it across the country. Housing affordability is reshaping migration trends. ” If you’re hoping to buy a home soon, it might make sense to broaden your search area to include places where homes that fit your needs are more affordable. That’s what a lot of other p...