75% of Americans Have Regrets About MovingBy RISMedia Staff
Three out of 4 Americans (75%) have regrets about their move in 2022, according to a new report from Clever.
Clever’s latest report surveyed 1,000 Americans on their experience with moving in the past year, and dug into details about their type of move, their regrets about moving, and how much their move cost (and if the cost surprised them). The report found that the top regrets people expressed were I wish I moved to a bigger place (20%), I miss my old home (20%), I wish I got rid of some belongings instead of moving them (19%), it was too much of a hassle (19%), and it took too long (18%). Additionally, the top reasons Americans moved in 2022 were to improve their quality of life, live in a cheaper area, and get a bigger place. Key highlights:
“Despite a challenging economy, the U.S. population continues to increase rapidly because of a growing population of immigrants and a pandemic-induced birth rate bump. This has led to a rising cost of living as housing demands outpace inventory during record inflation,” said Sam Huisache, content writer at Clever and author of the report. “As formerly affordable areas have increased in cost, a significant portion of Americans may choose to move to places where they feel like they can maximize their quality of life. Many Americans are choosing to prioritize other criteria besides cost, such as owning a different kind of home or having access to wide open spaces.” Clever also found that more than 1 in 3 Americans Americans (37%) believe they did not budget correctly for their move. “Underestimating is the most common budgeting mistake, with 17% of Americans reporting that their move was ultimately too expensive. Getting locked-in quotes from movers ahead of time can improve the accuracy of moving budgets. Many Americans research moving companies' rates ahead of time,” said Huisache. “More than one-fourth of Americans (26%) named price quotes as a top factor for choosing a moving company, and 24% said discounts and deals enticed them. Despite getting a quote, 40% were charged something different from what they were quoted. This can happen because of a variety of factors, such as travel delays or having more boxes or furniture than was reported.” For the full report, visit https://homebay.com/moving-trends/. |
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