Expand Your Horizons
You’ve been searching for a long time for your new home, without success. Maybe you’re looking in the wrong place.
According to the Census Bureau’s 2017 American Housing Survey (AHS), 35% of people who had recently moved did so because they wanted a larger or higher-quality home – and that dream home may require moving to a different area. The AHS found that another 18% relocated to reduce their housing costs. Apparently, an affordable home that met their needs (or wants) wasn’t available in their immediate area.
Relocation can mean anything from moving across town to moving across the country. How far are you willing to move away from your current home to find a different one? You may not be able to make a long-distance move. Jobs, family responsibilities, or schools may keep you nearby – or maybe you really like your current area and don’t want to move far away.
A recent NerdWallet study shows varied home migration…