9 am to 5 pm

Monday to Friday

352 University Ave SW, Suite W112

Atlanta, GA 30310

404.432.1029

nia@areawestrealty.com

Compare Listings

Long-Distance Migration Is on the Rise

The percentage of consumers who moved more than 1,000 miles has nearly doubled in the last year, according to a survey conducted for Relocation.com, an online resource for moving services.

More than 70 percent of the people on the move relocated farther than 1,000 miles in the 12 months ending in March 2009. In the previous year, only 36 percent went that far, Relocation.com reported.

Of those who moved more than 1,000 miles, 60 percent said the move was for financial reasons such as a lost job. Nearly 41 percent of long-distance movers indicated that the recession and the housing crisis influenced their decision to move.

Only 3 percent of those surveyed indicated that they had lost a home to foreclosure, while 13 percent reported that they had lost their jobs.

“We are seeing more out-of-state moves from traditionally popular destinations, likely because of high foreclosure rates and diminished property values,” says Sharon Asher, CEO of Relocation.com.

Source: Relocation.com (05/05/2009)

img

Nia Knowles

Realtor, Community Advocate, Mother, Leader, Innovative Thinker, Idea Generator,

Related posts

Gifted

I am proud to share and announce the works of renowned artist Lillian Blades are now being featured...

Continue reading
by Nia Knowles

Atlanta BeltLine Partnership Announces Inaugural Old Fourth Ward Fall Festival

Inaugural Old Fourth Ward Fall Festival Coming to Historic Fourth Ward Park Atlanta BeltLine...

Continue reading
by Nia Knowles

Recycling Perks Incentivized Recycling Initiative

The City of Atlanta Department of Public Works, Cartlanta Recycling Program in partnership with...

Continue reading
by Nia Knowles

Join The Discussion