Home » Cash incentives push work-from-home employees to explore new housing markets
Cash incentives push work-from-home employees to explore new housing markets
Work from home trend brings more residents to Ozarks
Bentonville, Arkansas business leaders are hoping the rise of working from home will help diversify their economy. FOX Business’ Connell McShane with more.
U.S. homebuyers are facing an increasingly competitive housing market. Still, cash incentives offered in certain cities and states are convincing many of them – especially those with the freedom to work from home – to take the plunge.
One state looking to draw in "top talent" is Arkansas. In fact, the Northwest Arkansas Council announced that it would pay potential homebuyers $10,000 to move to the region and "set up your new life in Northwest Arkansas."
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The program – the Life Works Here – saw an influx of applications. In fact, it "generated more than 26,000 applications from candidates in more than 115 countries and all 50 states eager to move to Northwest Arkansas," the Northwest Arkansas Council announced.