Suburban city homebuyers press on with return-to-office in flux

Find the house first, worry about the commute later.

That’s the mantra for many New Yorkers who are exchanging tiny city apartments near subway lines for a suburban abode with a backyard—even as employers signal they eventually want workers back in their Manhattan offices.

Home purchases in places like Greenwich, Connecticut, are topping last year’s exuberant highs, while properties in New York’s Hudson Valley are setting records for how fast they find takers. In New Jersey, one appraiser sees at least another year of soaring prices as a result of relentless demand.

The frenzy to acquire a home in the suburbs, which began as a way to isolate from crowds

→ Continue reading at Crain's New York Business

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