remote work has created a new breed of seasonal residents: the young Snowbird | Personal finance

“We have seen a dramatic increase in the number of young families and young professionals over the past year,” says Bryan Anderson, Associate Broker at Torreon Realty. “The ability to work remotely is what drives her for most of them. “

The developers have also noticed the trend. District 225, a new condo project in Miami, is a good example. The recently launched development specifically targets younger and more migratory buyers, offering perks such as fully furnished units, resort-style amenities and an entire floor dedicated to co-working space.

The biggest advantage of snowbirds, however? This would be District 225’s partnership with Airbnb, which makes it easy for residents to rent their units when away from home.

“We are seeing an overwhelming demand from digital nomads, jet-setters and snowbirds, and overall a younger generation of buyers who no longer want to be tied to one place,” Eric said. Fordin, Senior Vice President of Related Group, Developer District 225.. “The owners enjoy life in their own way. “

The ground must work. District 225 sales have just opened three months ago and 70% of its units have already been bought. It’s just further confirmation that young American snowbirds are likely to stay here, at least as long as working remotely.

As Hogg says, “Once people understand that they will be allowed to work remotely or only have a day or two a week to come to the office, they will really start to think about where and how they are going to work. want to live. . “

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