If you are considering a move this year, you are in good company. 32 million people in the US moved in 2018. To put that in perspective, that’s 10.1% of the population of 319 million US residents.
The real estate market stats tell it all, people are on the move in 2020.
One reason might be the interest rates are historically low. Most of us who have been around for awhile know with absolute certainty that won't last indefinitely. For the newcomers to the real estate investing process, the low rates equal buying power. There is a huge difference in condition and number of repairs in most cases if a buyer can afford $30k - $40k more, with rates as low as they are that is often the case.
No one knows exactly what the future holds, but what we know for certain is that we all need a place to live. Buying a home gives you security, tax advantages and a piece of the American Dream. There is nothing like closing day having a set of keys placed in your hand knowing you have just achieved the dream, a home of your own!
American Moving Statistics
How many people in the US move each year?
When you’re in the midst of a chaotic move, it may seem as though you’re the only one dealing with the typical stresses of packing and moving. But really you’re not. In fact, according to the numbers,
