Friday, May 31, 2013

15 Reasons Why People Move

Did you know that on average homeowners in America sell and move every 5 to 7 years? Then there is your grandparents who have lived in the same home for 40 years and couldn't even imagine up and moving. For those of you who don't understand the thought process behind selling your home here is an accumulated list of the main reasons why people move.





  1. Your home is too small. Especially first time home buyers often outgrow their homes quickly and feel the need to upgrade. Expanding your family is the main reason people sell. 
  2. You need to upgrade. People often look to the greener side. After being in their home for a while they decide it is time for something better and then transition into a more expensive home.
  3. Mistake. Initially when on a budget you compromise on things you think you can do without. After years of having no backyard, not all of the sudden you want to get a dog, your ideal set up no longer works for you. Owners will then look for something that will fill their needs and leave their current home behind.
  4. Job Transfer. Jobs can be unpredictable and upon getting a transfer, you are expected to up and leave your lovely home. 
  5. Relationships. Getting married or moving in together will result in one selling their home. On the other side, breaking up poses 3 reasons to move. 1.) one needs to buy the other out and not have cash available. 2.) home may not be affordable on one income. 3.) home holds bad memories and they need a fresh start.
  6. New Neighborhood. Depending on the area the neighborhood may have changed for a couple of reasons. Either there is a new crowd of people or there is new construction of roads or homes nearby. 
  7. No Kids. When all the kids are grown and gone some owners feel that their home is too large for just them. The older you get the harder to clean every nook and cranny in the home therefore they downsize. 
  8. Closer to Family. Some people want to be closer to their relatives, perhaps the kids want to see G-ma and G-pa more. 
  9. Away from Family. On the other hand, some families are too close to their relatives and want to branch out on their own. Dysfunctional and fractured families have been known to blossom by separation.
  10. Retirement. 55+ communities are on the rise in today's market. These planned communities have all the amenities that an older individual would enjoy.
  11. Health. Knee problems may make it difficult for one to climb up and down flights of stairs. Moving into a one story home might be more practical in the long run. 
  12. Maintenance. Some people don't want to fix that leak in the roof, or buy a new furnace. It is easier for them just to buy a newer, more updated home. Since lifespan of most home systems is only 15 years, it makes sense to get out before everything goes south.
  13. Home Improvement. Some enjoy doing the projects to fix up a home. However, once the work is done they become restless because their job is done.
  14. Cash in Equity. Some people can't stand the fact that although their home is worth a lot, none of that money is in their pocket. They just want to make the money NOW.
  15. Lifestyle Change. Last but certainly not least, most people want to travel and not worry about home upkeep. When they hit a certain age they just want to be able to come and go as they please and home ownership causes problems for them.

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