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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%
Source link: Lending Tree https://bit.ly/3bIt5PA |
