Moving to a new home can be exciting but it comes with a unique set of challenges. Having a checklist can help you complete it without a whole lot of hassle. This infographic from Pro Removalists takes a look:
Midland, Texas maintains No. 1 spot for the fourth consecutive month
Santa Clara, CA – Aug. 16, 2018 (PRNewswire) Realtor.com®, the Home of Home Search, today released its July hottest markets list which reinforces home buyer interest is shifting away from pricey California to less expensive markets throughout the country. In fact, nearly a third of the markets were located in the affordable Midwest, which had a combined median list price well below the national average, according to the report.
Midland, Texas continued its streak in July as the the nation’s hottest housing market for the fourth month in row. Driven by a surging oil economy, the median age of inventory in Midland is 29 days with homes receiving 2.4 times more listing views than the U.S. overall.
The remaining markets on the list, in rank order, are: Fort Wayne, Ind.; Boise City, Idaho; San Francisco; Columbus, Ohio; Colorado Springs, Colo.; Detroit-Warren-Dearborn, Mich.; Racine, Wis.; Vallejo-Fairfield, Calif.; Rochester, N.Y.; Sacramento; Janesville-Beloit, Wis.; Boston; Dallas; Pueblo, Colo.; Buffalo-Cheektowaga-Niagara Falls, N.Y.; Stockton-Lodi, Calif.; Fresno, Calif.; Odessa, Texas; and Grand Rapids-Wyoming, Mich.
This month 11 states are represented in the top 20 hottest, compared to eight a year ago. The combined median list price in the top 20 was $344,000 – the lowest price for the top 20 combined since realtor.com® started tracking in 2012. The largest geography represented on the list was the Midwest, which had a combined a median list price of $236,000, well below the national and top-20 list averages.
“With the median home list price hovering at a record level, affordable markets are very attractive for buyers, which is contributing to the popularity of many Midwestern markets,” said Danielle Hale, chief economist at realtor.com®. “Although construction is increasing in many regions, inventory remains scarce due to strong buyer demand and years of underbuilding. Even these affordable markets run the risk of what we’ve seen elsewhere if they aren’t able to keep pace with new construction.
Homes in these hot areas moved 17 to 30 days more quickly than the rest of the U.S. The time they spent on the market was on average four days fewer than last July. Buyer interest in these areas is also rising, with listing views 1.8 times higher than the national average and 16 percent higher than last year.
For more information, please visit: https://www.realtor.com/research/july-2018-hottest-markets/
Realtor.com reviewed listing views by market as an indicator of demand and median days on market as an indicator of supply. This analysis led to the identification of the 20 hottest medium-sized to large markets in the country.
About realtor.com®
Realtor.com®, The Home of Home Search℠, offers an extensive inventory of for-sale and rental listings, and access to information, tools and professional expertise that help people move confidently through every step of their home journey. It pioneered the world of digital real estate 20 years ago, and today is the trusted resource for home buyers, sellers and dreamers by making all things home simple, efficient and enjoyable. Realtor.com® is operated by News Corp [NASDAQ: NWS , NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. under a perpetual license from the National Association of REALTORS®. For more information, visit realtor.com®.
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SpareFoot Survey Reveals Consumer Moving Behaviors at Start of Moving Season
Austin, TX – April 25, 2018 (PRNewswire) The month of May marks the official start of moving season, the timeframe between Memorial Day and Labor Day when many Americans make the decision to pack their belongings and move to a new home. SpareFoot, the world’s largest online self-storage marketplace, surveyed Americans to gain deeper insights into how and why they are moving, and found that while 46 percent of consumers have either recently moved or plan to move in the next year, even more say they would choose to move if it was easier and less stressful. In fact, two-thirds (67 percent) reported that they would definitely or probably move if it wasn’t such a hassle.
The survey of more than 1,000 American adults conducted by SpareFoot found that the hassles of moving have left 66 percent of people feeling stuck in a home they didn’t like, and 49 percent have stayed with a bad roommate just to avoid the process of moving. However, millennials and Gen Z are less likely to be deterred, with nearly a third (32 percent) reporting they have moved in the past year compared to just 15 percent of the general population.
The top reasons why people say they have moved are varied, with 37 percent moving for more affordable housing, 28 percent for a job, 19 percent escaping an unpleasant neighbor, and 13 percent to find a better living situation for their pet. No matter the reason, a majority of people shared that the best part of moving is having a fresh clean space.
“We all know moving is stressful and many people actively avoid it – 39 percent claim to have misled a friend to avoid helping them move,” said Alexander Harris, editor at SpareFoot. “SpareFoot looks to alleviate as much stress as possible – whether you need to find a storage unit, a moving truck or moving supplies; or need tips on relocating to a big city, small suburb or another popular destination.”
According to the U.S. Census Bureau, an estimated 35.7 million Americans move every year. Planning ahead and getting an early start is important, yet over half of people (53 percent) begin packing the same month they move. When looking to make their move easier, about half use self-storage and half use a moving truck to assist with the process.
About SpareFoot:
SpareFoot is a leading online marketplace for the $38 billion self-storage industry. The SpareFoot network, which includes more than 12,000 facilities on SpareFoot.com and SelfStorage.com, offers consumers the ability to find, compare and book self-storage. To read tips on moving, decluttering and organization, visit the SpareFoot blog.
Methodological Notes:
SpareFoot surveyed 1,005 U.S. respondents over the age of 18. The survey was fielded using the Qualtrics Insight Platform, and Fulcrum provided the panel. Fielding was executed between Feb. 26 – March 4, 2018. Detailed survey results are available here.
