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Homeowners Buying Two Properties in Bet That Hybrid Work Sticks

Flexible work schedules are ushering in new hybrid housing patterns.

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Housing Coming Back Into Balance, JPMorgan's Feroli Says

Hybrid work schedules are spawning a hybrid housing trend.

Real estate agents nationwide report that their clients are increasingly opting for dual residence: a small pied-a-terre near the office and a larger home within an hour or two in a more scenic or family-friendly area. The new lifestyle is fueled by hybrid work arrangements that curtail some workers’ office days to as few as one or two per month, and recent housing market gains that allow homeowners in to cash out of pricey regions and comfortably purchase elsewhere. It’s the latest iteration of splitting time between various locations, which became popular during the pandemic.