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1:29Now PlayingZoom towns are booming across America | USA TODAY
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1:29Now PlayingAs remote jobs took hold during the COVID-19 pandemic, a flux of remote workers left big cities for rural towns creating so-called Zoom towns.
RELATEDNational bank program launched to help minorities become homeowners
When Miriam Stocking listed her house for sale in March in the Boise, Idaho, area, she was not inundated with multiple offers.
Instead, she received one offer above the $725,000 asking price but the buyers soon backed out saying they’d decided they wanted an open-floor plan instead.
By June, she’d closed on a deal that was $25,000 below asking.
Stocking's home is in a Zoom town – towns that attracted remote workers as they fled expensive cities during the pandemic.
After two years of bidding wars, above-asking and no contingency offers, many of the Zoom towns are now seeing a massive slowdown.
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