Remote work fundamentally shifted real estate demand away from commute-dependent coastal locations toward larger, more affordable inland homes. My appraisals show the impact clearly: inland communities like Riverside and San Bernardino saw surging demand while the traditional coastal premium moderated.
Shift From Commute Requirements
Pre-2020: Proximity to employment critical. Coastal commutes premium priced.
Post-2020: Location flexibility. Inland properties suddenly attractive. Larger homes, lower cost.
Appraisals reflect this shift in demand patterns.
Who Benefited
Inland communities (Riverside, San Bernardino, Ventura) saw demand surge.
Coastal premium moderated slightly as high-earners could locate anywhere.
Appraisal Implications
Communities previously considered "far away" now attractive. Values appreciated rapidly.
I'm seeing demand in areas that never moved before.
Long-Term Impact
Remote work may be permanent for many. Real estate locational values shifting fundamentally.
Appraisals must account for this structural change.
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Work-from-home and your appraisal? Market preferences shifting. Contact me.