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.”