Check out this great little article from NAR on reasons people are citing for making a move in the current housing market.
About 40% of 2,100 Americans recently surveyed say they are considering a move in 2022. Gen Z and millennials, remote workers, renters, and parents with young children are all planning a move, according to a new survey from LendingTree.
For the more than 800 survey respondents planning a move this year, their top reasons are a home that is more pet-friendly, offers more outdoor space, and has a large kitchen.
The home features leading their housing searches also typically differ by age group. Gen Zers and Gen Xers ranked a happy home for their pets as a top must-have. Millennials, on the other hand, prioritize outdoor space. A large kitchen ranks highest among priorities for millennials and baby boomers, the survey finds.
Meanwhile, Americans’ top gripes about their current homes are that they’re too small and that their homes are too expensive.