They have been reexamining where they live—and in response, many are choosing to make a move.
But how many people are looking to relocate—and what’s driving those relocation decisions?
A recent survey found that nearly half (46 percent) of respondents were planning to relocate in the next year—and that number was even higher for people who can work remotely (64 percent).
The biggest factors driving relocation decisions included:
- A desire to reduce living expenses (44 percent);
- Feeling their current home was too small (27 percent); and
- Looking for different features in a home (27 percent)
- Larger outdoor space
- Larger kitchen
So, what does that mean for you?
If you’ve been thinking about relocating and buying a new home? You’re not alone.
And if you’ve been thinking about selling, with so many Americans considering relocation in the near future, many of those people are going to be in the market for a new home—making now a great time to list.
Are you thinking about relocating and don’t know where to begin? We are here to help you plan the path to making it happen!