NEW YORK, NY--(Marketwire - March 25, 2010) - California and Florida may be working through their own financial fallout, but that's not stopping Americans from wanting to move to or remain in these regions, according to a new survey by Relocation.com. Top five destination states this year include California, Florida, Texas, Georgia, Arizona and a tie between Illinois and North Carolina.
The survey found that Americans are moving shorter distances than they were last year, but are doing so for different reasons. One in five respondents said they moved to a new location with a lower cost of living and, not surprisingly, there was a 150 percent jump from last June's survey in the number of respondents who were moving because they had lost their home to foreclosure. On the other hand, 54 percent said the recession was not a factor in their decision to move, with 10 percent of respondents moving because home prices had dropped enough for them to afford a home in a desirable area. The survey also found more Americans are moving from rental to rental with a significant number of consumers temporarily renting while they look for a new home to purchase.
"We're seeing a dramatic increase recently in the number of moving estimate requests," said Relocation.com Chairman and Founder Sharon Asher. "We'll have to see if this is a fortunate blip or represents the start of a turnaround, but it's an interesting trend in light of our survey's findings."
The Relocation.com survey was conducted in mid-February, 2010, and is a continuation of consumer surveys conducted since March 2009 to gauge moving and relocation attitudes and behaviors. For the full survey results, please click here.
About Relocation.com
Relocation.com is the largest online marketplace connecting consumers who are moving locally, nationally or internationally with professionals that can best service their needs. Working with many leading moving and storage companies, Relocation.com provides free quotes from quality, professional companies who can service consumers during their upcoming move. It is focused on helping make the relocation process easier and less challenging for the 40 million people moving each year. Relocation.com offers comprehensive information, tools and resources to help consumers compare, connect and learn about products and services from hundreds of relevant providers. Named in 2009 by Inc. magazine as one of America's fastest-growing companies, the company was founded in 2000 by online moving industry pioneer, chairman Sharon Asher, and is based in New York. For more information, visit www.relocation.com.
Contact Information:
Contact:
Debra Hotaling, for Relocation.com
310.482.4273