2013 Relocation Trends - Infographic
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ERA Real Estate tapped HGTV enthusiasts for their attitudes toward relocation and found 1 in 3 Americans would consider moving to another state in the next one to two years. The main motivators for such a major move include financial as well as lifestyle considerations. For more information about relocation trends in 2013 view: http://www.slideshare.net/ERARealEstate/2013-real-estate-relocation-trends-final 4 real estate markets that are seeing growth from relocation: http://www.slideshare.net/ERARealEstate/2013-relocation-market-spotlight-final
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2013 Relocation Trends - Infographic
- 1. ERA REAL ESTATE/HGTV SURVEY REVEALS APPETITE FOR RELOCATION FED BY FINANCES, LIFESTYLE ERA AGENTS SAY DIY MOVES ARE ON THE RISE For buyers relocating, what is typically the selling point to make them choose an area? 17% Proximity to work 27.53% Schools 18.22% When relocating, on average what do most buyers look for in a home? 22.08% 35.42% Smaller Creature comfort amenities (pool, fireplace, commercial grade or updated kitchen etc. Neighborhood 16.25% 8.5% Same size as current home Property taxes 4.58% A bigger yard 28.74% Now that homeowners may be in a position to move, what are the reasons why people consider relocating? Better job opportunities Better weather 16.83% Retiring ? K FOR AS Take advantage of discounts offered through affiliated/ affinity services available through your agent 19.74% Lower cost of living 16.18% Closer to friends and family 12.3% Lower home prices Do as much packing and moving as you can and lighten your load by downsizing as much as possible, even furniture. Buying new furniture may be cheaper than moving the old. A WORD OF ADVICE 0.97% Curious about new places GILE FRA S 1 1.65% 15.86% COUNT DIS position and able to sell ERA brokers’ advice for people considering relocation and how to keep costs down: $ 1.29% 5.18% In a better equity A more walk-able area 21.67% Bigger Home prices DON’T BUY TOO QUICKLY Time your move for the fall after school starts, or winter, which is considered off season DON’T CHOOSE THE HOUSE OVER THE NEIGHBORHOOD ENSURE YOU ARE INVESTING IN A HOME WITH HIGH RE-SALE VALUE