Almost 40 Percent of Americans Plan to Move In 2022—Here’s What’s Driving Them

By
Real Estate Broker/Owner with Home Buyers Realty BRE 01247457

According to a recent survey from LendingTree, nearly 40 percent of Americans are considering a move in 2022—and that number is even higher for millennials (53 percent), and remote workers (53 percent).

But why, exactly, are so many people planning to move?

According to the survey, some of the key drivers behind so many Americans’ plans to move in the upcoming year include:

  • More space. During COVID, people are spending more time at home than ever—and many of those people are realizing they need more space. Twenty-six percent of people surveyed said they were planning to move because their current home is too small.
  • Owning their own home. The dream of homeownership is still alive in the US; 17 percent said they planned to move in 2022 to fulfill their dream of owning their own property.
  • New features. Again, as people spent more time at home, many found that their current home didn’t have everything they wanted or needed—and, as such, 16 percent said they were considering moving because they were looking for different features in a home.

The Takeaway:

If you’re planning on making a move in the upcoming year (whatever the reason!), you’re not alone—so get in touch with a real estate agent, get the ball rolling on your search, and make 2022 the year you find the perfect home for you.

Comments (3)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ron,  I hope you are right on this prediction and hope I get to them to list there homes.

 

Jan 27, 2022 08:33 AM
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

That is an interestingly high percentage of people. Many of them will be moving to the Raleigh-Durham area for jobs. We're also seeing a high percentage of over 55/boomers move. It is a great time for them to take advantage of the high prices and demand for their homes. Great information!

Jan 27, 2022 08:37 AM
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Wow 40% going to move in 2022! Lets hope they make sure to change their addresses with the post office with all of the automatic mail ballots that will be going out at the mid term elections. Jeff 

Jan 27, 2022 09:26 AM