We’ve had several posts about where people are moving across this great country of ours. However, a recent poll conducted by the National Association of Home Builders asked people living in their homes for 10 + years why they have chosen to stay put for so long and not move. The most important reason cited? A lack of desire to go through with the hassle & expense of moving. The most interesting? Those 10% that said they could be enticed if there were more homes to choose from…….ok, better get flipping.
“…the most important reason long-term residents aren’t moving is because they like their home and are comfortable in it (70%), followed by their lack of desire to go through the hassle/expense of finding another home and moving (21%). Meanwhile, 10% say it’s because there are no homes on the market they would want to buy and could afford. This last finding suggests that a not-so-trivial 10% of people living in their homes for a decade or more could be enticed to move if only there were more homes on the market to choose from.”
Click here to read the full report on the NAHB’s Eye on Housing.
