When did you last move? Was it sometime in the last 10 years?
Most people will agree that moving can be a real hassle. Between having to find a new place to live, packing up all of your belongings, paying for movers (or moving it all yourself), the whole process is stressful. So, when people do move, what are the trends? Are people moving for a particular reason? Or is there a reason for them staying put?
Luckily, Homes.com has put together a survey and discovered a lot of moving trends for 2017 in the U.S. According to this study, around 50% of people have not moved in the last 10 years. But, the majority of people who have moved more than 5 times in the last 10 years are millennials in the 25-34 age bracket. So, what’s the deal with people staying put? The main reason seems to be the fact that there is a major financial burden that comes with moving. More than half of the men and women surveyed claimed that they went over budget when moving, whether it was in-state or out-of-state. Due to the high cost of moving, around 36% of people moving use their friends and families for help, while 34% move everything themselves.
Why go through all the trouble? Most people who are moving typically have a valid reason for doing so, such as changing jobs, school districts, or for love. That’s right, 10% of people who move do so because of change in marital or relationship status. With that being said, the most desirable city to live in is Denver, CO. 40% of people said they would want to move to Denver, making Colorado one of the fastest growing states in the United States. The other highest cities include Miami, FL with 22%, and L.A. with 15%.
So, whether you’re moving or staying put, these patterns across the U.S. show pretty consistent patterns in how and why people move.