Home Features Prompting More Americans to Move

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.

A bar chart showing the must-have features in a home for buyers to move into.

Meanwhile, Americans’ top gripes about their current homes are that they’re too small and that their homes are too expensive.

A bar chart showing the reasons Americans are planning to move

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: