On the Move in 2022 & 2023

Early this year Lending Tree did a survey. It wanted to know about plans to move. Of the over 2,100 people surveyed, 40% said they planned on changing locations in 2022. Some wanted to change cities. Others just wanted a change of housing.

Close to half — 46% — of those thinking of moving want to buy. The other half either isn’t sure, or they’re going to rent or lease.

Here’s who’s wanting to move:

• *62% of Generation Z (born 1997 to 2012) want a new location
• *53% of millennials (born 1981 to 1996) want a new location
• *53% of those working remotely
• *52% of renters
• *50% of parents with young children

  Most people want to move because they need more space and they have a list of must-haves:

• *54% need something pet-friendly
• *49% want more outdoor space
• *43% have to have a bigger kitchen

  Where to move?

• *21% are thinking of moving within their current city
• *11% want to go elsewhere in the state
• *8% want to change states

  For those planning on moving:

• *44% of men want to move
• *34% of women want to move
• *25% of men want to stay in the same city
• *17% of women want to stay in the same city

  And here’s why:

• *Current home is too small — 26%
• *Fulfill dream of homeownership — 17%
• *Current home is too expensive — 16%
• *Looking for different features in a home — 16%
• *Moving to a more affordable area with lower cost of living — 15%
• *Looking for different city or state — 15%
• *Be closer to loved ones — 15%
• *A new job — 14%
• *Looking for an area with less crime — 10%
• *Move to join a partner or spouse — 9%
• *Working remotely no longer tethered to an office — 6%
• *Better school district for kids — 6%

  Here’s a closer look at the must-haves:

• *Pet friendly — 54%
• *Outdoor space — 49%
• *Large kitchen — 43%
• *Good school district — 42%
• *Covered parking — 38%
• *Guest bedroom — 38%
• *More square footage — 32%
• *Close to a park — 28%
• *Office space — 25%