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the ross report

New Home Environment Stresses "Quality of Life"

Wednesday, October 22, 2008

If you are looking for a change from living in a big city you may be among the increasing number of families who are relocating to rural settings or small towns without the loss of economic status or a luxury home! Although location has long been considered the key factor in determining a home’s salability and value; changing technology is allowing a higher priority to be put on such issues as the quality of life, family health, and a positive environment. Close proximity to the workplace is losing the hold that it has always had on employees. The newest telecommunication technology now allows for work from any location. This trend has enormous consequences for several groups. It is dramatically changing the lifestyles of families and having a significant impact on the real estate market. Some metropolitan areas are experiencing a “buyers’ market”, and small towns and rural areas are finding real estate more salable. Aware of the potential for healthy growth, businesses are tapping into this trend by modernizing their telecommunications capabilities. Businesses that can operate just as well in a small town are using the Internet, email, fax machines, and computers to generate as much business (or more) than their big-city competitors.  

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