Posts from February 24th, 2020
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24
Why 45% of Homeowners plan to Move During the 2020s
We've entered into another decade, but what does that mean in the real estate industry for the next ten years? According to a recently released by Lending Tree for a significant number of U.S. homeowners, moving is in the cards.
LendingTree surveyed more than 1,500 Americans, finding that 45 percent of homeowners are planning to move during the 2020s. What is the motivation? At the top of the list is moving to a location with a lower cost of living, at 30 percent. Nearly as important to respondents (at 28 percent) is moving for better job opportunities. Other reasons include moving to be closer to their children (21 percent), retire (18 percent), be in a bigger city (12 percent), be in an area with better schools (9 percent), be closer to their parents (11 percent) and because they don't like their current area (16 percent).
