REALTOR® Magazine-Daily News-Survey: People Moving for Happier Reasons

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Daily Real Estate News | August 27, 2009 | Survey: People Moving for Happier Reasons
People have gone back to moving in hopes it will improve their lives rather than moving to escape foreclosure or other aspects of the economic crisis, according to a survey of recent movers released this month by Relocation.com.

In the June survey, nearly 42 percent said they were in the process of buying a home or planning to buy one. Poll participants said their reason for moving was:

To live in a bigger or better home (26 percent).
To live in a better neighborhood or area (24 percent).
To be closer to family or friends (12 percent).
To live in an area with a lower cost of living (9 percent).
To accommodate a change in marital status (6 percent).

Moving because of school, job loss, retirement, or foreclosure each generated 3 percent or less.

Responses to this survey are substantially different from the responses to a similar survey in March, when 41 percent said the recession was, at least partially, driving their move.

Source: Relocation.com (08/06/2009)