The Number One Reason Why 36 Million People Moved To A New Home, according to the U.S. Census Bureau, is housing-related, and not because of a job or family reasons.
To move or not to move, that is the question.
The next question is why do people move from their current home to another home?While there are as many reasons for moving as personality types or architectural styles of homes, the number one reason why approximately 36 million people moved from 2012 to 2013 is that those polled simply wanted a different home or other housing-related issue, and not due to family reasons (No. 2) or employment reasons (No. 3).
- Housing: 48%;
- Family: 30.3%; and
- Employment: 19.4%
That's right, people responded that their decision to move was mostly influenced by their desire or need for a different option for housing than the one they had currently enjoyed, or didn't enjoy.
Therefore, over 17 million (representing 48% of the 36 million) who moved during the time polled, wanted a new or better home, a better neighborhood, or they wanted to own a home and stop renting.
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| Source: U.S. Census Bureau |
"We asked people to select the reason that contributed most to their decision to move. Picking one reason can be difficult as moves are often motivated by many different, and oftentimes competing, factors," said the report's author, David Ihrke, a demographer in the Census Bureau's Journey to Work and Migration Statistics Branch.
Other reasons that cause people to move for employment-related reasons are when they are starting a new job or due to a job transfer. Family-related reasons include establishing their own household or a getting married or divorced.
As a personal insight with my 15+ years in the real estate business, I feel that people are feeling more free to move, following years of feeling stuck in circumstances not of their choosing, due to the housing and economic situations in the U.S. They felt stuck in their small home, with roommates or with their parents when they would have rather had a larger home or their own home.
It may sound cliche or like a punch-line to a lame joke, but:
- Why are people moving? ... because they can.
Read more:
No. 1 reason people move | 2014-06-05 | HousingWire
The Real Reason People Moved Last Year
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Since 1998, Mark has been providing expert representation to buyers and sellers of homes, condos, multi-unit properties and multi-million dollar estates.
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