Top Reasons Why People are Motivated To Move Now

Americans are relocating for a number of reasons this year. Our habits and needs have been drastically altered as a result of the health issue. Many people are reconsidering what homeownership means and what they value most in their living spaces as a result of spending so much more time in our existing homes.

According to the National Movers Study for 2020:

“For customers who cited COVID-19 as an influence on their move in 2020, the top reasons associated with COVID-19 were concerns for personal and family health and wellbeing (60%); desires to be closer to family (59%); 57% moved due to changes in employment status or work arrangement (including the ability to work remotely), and 53% desired a lifestyle change or improvement of quality of life.”

Here are the top reasons why individuals are evaluating where they live and making relocations right now, thanks to a new perspective on homeownership.

Remote work

Working from home has become the new standard, and for some, it is sticking around longer than anticipated. Many people in the workforce are discovering that they don’t need to live so close to work anymore and that they can get more for their money by moving a bit further out of town. Apartment List says:

“The COVID pandemic has sparked a rebound in residential migration: survey data suggest that 16 percent of American workers moved between April 2020 and April 2021, up from 14 percent in 2019 and the first increase in migration in over a decade… One of the major drivers in this trend is remote work, which expanded greatly in response to COVID and will remain prevalent even after the pandemic wanes. No longer tethered to a physical job site, remote workers were 53 percent more likely to move this past year than on-site workers.”

If you’ve tried and failed to turn your guest room or dining room into a home office, it’s time to look for a bigger house. The reality is that your current home may not be well-suited to this type of work, making remote work difficult.

Space for Fitness and Activities

For many Americans, staying healthy and active is a primary concern, and fantasies of having space for a home gym are becoming more realistic. The three fastest-growing fitness trends among active adults, according to a recent poll of 4,538 active individuals from 122 countries:

• At-home fitness equipment (up 50%)
• Personal trainers/nutritionists (up 48%)
• Online fitness courses, classes, and subscriptions (up 17%)

Having enough space at home to maintain a healthy lifestyle – both physically and mentally – may encourage you to look for a new home that offers room for your family’s at-home exercises, hobbies, and interests.

Outdoor Living

This year’s outdoor living trends were recently revealed by Better Homes & Gardens, and three of them are:

• 60 percent of homeowners want to install outdoor kitchens in their homes.
• During the epidemic, millions of individuals began gardening to augment their cupboards with homegrown fruits, vegetables, and herbs.
• As the popularity of outdoor activities grows, so does the demand for seclusion.

However, you may not have the necessary space — inside or out – for these defined zones right now.

Bottom Line

Making a relocation may be your best bet if you need more space to fit your changing needs, especially while you can take advantage of today’s cheap mortgage rates. It’s a terrific moment to acquire more house for your money at a time when you really need it.