10 Reasons Most People Move Recently

During the COVID-19 pandemic, many in the workforce started working from home for the first time.

The impact of this switch from traditional office space has been one of the most significant social changes brought on by the pandemic.

There are ten common reasons for people to move from their homes.

#1. Upgrading to a better house or apartment

Many Americans who work remotely have been able to move to less expensive areas, where they can get more room and amenities for their money.

Early in the pandemic, many young people moved back into their parents’ homes to save money. But that trend was temporary, according to the Harvard Joint Center for Housing Studies.

#2. Establishing own household

Between June and November of 2020, the number of people worried about coronavirus impacting their health fell by half, according to a Pew Research Center survey.

#3. Paying less for housing

In that same period, the number of people who said the most important reason for their move was financial reasons—not coronavirus risk—doubled.

While people continue to relocate due to new jobs or job transfers, the numbers are fewer than before the pandemic.

#4. Getting a new job or job transfer

#5. Buying a house

According to a February 2022 report from the National Association of Realtors, average home prices have soared across the country. Prices have risen nearly 30% since 2019.

At the same time, low-interest rates, remote work, and rising rents convinced many young Americans that it was an excellent time to buy a home.

Swipe Up To Read More