Relocation News Is Getting Better The economy is normalizing with only 1 percent of those in a recent survey saying they were moving because they lost their home to foreclosure, according to Relocation.com, which has been tracking people who move for the last year using a series of surveys.
In February of this year, a survey found 5 percent of respondents saying that was the case.
Also in February, 13 percent of respondents said they were moving because of job loss, but in June only 4 percent moved for that reason.
In the June survey, 4 percent said they planned to purchase a first home when they moved, while 10 percent said they planned to move to a better home in a nicer neighborhood.
Some 18 percent of June movers were previous homeowners who moved and were purchasing a new home, up from 12 percent in February, while 12 percent were former renters who planned to purchase a home in the new locale.
Source: Relocation.com (07/07/2010)