It’s a new decade—and apparently, for a large chunk of homeowners in the US, the new decade means planning to buy a new home.
According to a recent survey from LendingTree, nearly half of the homeowners surveyed (45 percent) said they planned to move within the next decade. The top three most common reasons for planning a move?
To move to an area with a lower cost of living (30 percent)
To move to an area with better job prospects (28 percent)
To be closer to their children (21 percent).
What does this mean for you? With about fifty percent of people planning on moving in the next decade, that should allow for a decent proportion of buyers and sellers and a healthy market for you to sell and buy in, if you’re among the half of the population who ends up moving.