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Mar 3, 2021
3:55:12pm
rommeliv Contributor
This doesn't bode well for the Utah housing market (if you're looking to buy)
Over 20% more people are planning to move in 2021 than moved in 2020.

The majority of these movers aren’t relocating due to safety concerns related to COVID-19 like we would have expected.

While 18% of respondents who plan to move in 2021 are able to do so as a result of job flexibility brought on by the 2019 coronavirus, most are ultimately doing so to lower their cost of living.

With more living space being a key deciding factor in where people plan to move and about 40% of movers relocating from larger cities to smaller communities, our finding that homeownership is on the rise makes sense.


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Originally posted on Mar 3, 2021 at 3:55:12pm
Message modified by rommeliv on Mar 3, 2021 at 3:55:34pm
rommeliv
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