A recent survey by Lending Tree found that nearly half of
Americans are thinking about moving
in the not-to-distant future and it appears
that the COVID-19 pandemic may be at least part of their motivation. Crissinda
Ponder writes that the health crisis has affected nearly every aspect of daily
life, and with 11 million Americans unemployed, residents make an exodus from
major cities, a desire for more living space. There is no reason to think that
housing choices would be any less affected. The Lending Tree survey covered
2,000 consumers and 46 percent said they were thinking about relocating within
the next year. Twenty-seven percent are considering a new home in their current
area, with a primary motivation of reducing their living expenses. Another 12
percent would consider a nearby city, while 8 percent would like to move to a
new state.

 

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