Up next


Zoom towns are booming across America | USA TODAY

0 Views
Makestube
17
Published on 09/05/22 / In News Channel

As remote jobs took hold during the COVID-19 pandemic, a flux of remote workers left big cities for rural towns creating so-called Zoom towns.

RELATED: National bank program launched to help minorities become homeowners https://bit.ly/3e8Lyp4

When Miriam Stocking listed her house for sale in March in the Boise, Idaho, area, she was not inundated with multiple offers.

Instead, she received one offer above the $725,000 asking price but the buyers soon backed out saying they’d decided they wanted an open-floor plan instead.

By June, she’d closed on a deal that was $25,000 below asking.

Stocking's home is in a Zoom town – towns that attracted remote workers as they fled expensive cities during the pandemic.

After two years of bidding wars, above-asking and no contingency offers, many of the Zoom towns are now seeing a massive slowdown.

» Subscribe to USA TODAY: http://bit.ly/1xa3XAh
» Watch more on this and other topics from USA TODAY: https://bit.ly/3cP0hFn
» USA TODAY delivers current local and national news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, videos and VR.

#zoom #remotework #covid19

Show more
0 Comments sort Sort By

Up next