Posted: 6/26/2020   Blog Home   Contact

John McClintock Team

Covid-19 Has Impacted the Moving Plans of Nearly Half of America

The economic fallout from the coronavirus outbreak is having a continuing effect on mobility, encouraging some to find cheaper housing while persuading others to stay put a little longer.

In its latest survey, some 46% of Americans say the coronavirus outbreak has influenced their moving plans in some way, according to a new survey from ApartmentList.

Over a recent series of surveys by the site, reflecting 10,000 responses over the past three months, the population segments most likely to move are renters (25%), those who live in dense urban areas (29%), and those who have been laid off (32%).

Nearly 30% of respondents living in a high-density urban area say that the pandemic is prompting them to want to move by the end of the year, the survey shows. “This is more than double the rate of those living in rural parts of the country, where residents are much more likely to stay put rather than to relocate,” according to the report.

Source: National Association of Realtors, Realtor Magazine and ApartmentList.

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Information is deemed reliable but not guaranteed.