It may be that the simplest and most affordable decision for many potential movers is to simply stay put.

Does It Even Make Sense to Move?

Current homeowners are living in homes having the lowest mortgage rates in modern history.  Those homeowners considering moving are finding it would be much more expensive for them to buy their next home if they could even find a next home to buy.  Renters facing steep inflation may find that renewing their lease, even at a higher monthly rate, may be relatively more affordable than moving.


Please choose one answer:

1) I am ready to join EXP Realty. 

2) I am interested in EXP Realty and need more info. 

3) I am not interested in EXP Realty. 


* If you answered “#1” congratulations. You are about to join the fastest-growing real estate company in the world. Tim and Julie Harris are inviting you to join them at EXP Realty. Text Tim directly for the next steps: 512-758-0206. (text only please)

* If you answered “#2” please watch the videos and check out the other intel on this site. . 

* If you answered ‘#3’ no worries. You will want to check out so you can at least know what EXP Realty is and why so many agents are moving to EXP. 

Regardless if their current homes or apartments are too small, too large, too crowded, too far from work, too isolated from family and friends, too expensive to maintain, it just may be too expensive to move.

Mobility Rate Declining

During the mid 1980’s, approximately one in five people in the US moved annually, even if that move was within the same county.  By 2021, one in 12 people moved annually despite the pandemic-inspired “exodus” from large urban centers to smaller, more suburban/rural areas.

Data from the 2022 Spring house market indicates that people are “stuck in place.”  New purchase mortgage applications (-16% y/y, according to the Mortgage Bankers Association) and home sales (-5.9% y/y, according to the National Association of REALTORS®) have dropped.  Money spent on remodeling/renovating has soared + 19.7%, according to the Leading Indicator of Remodeling Activity (LIRA) at the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Best Deal = Staying Put

More apartment renters than ever (57%, an increase of +3.5% y/y, according to RealPage) are choosing to renew leases in the same unit despite rents jumping amid rapid inflation.  Renters are paying +10.7% more compared to their previous leases.  If they moved to another unit, they would be paying +18.7% more compared to previous renters of the same unit.

For buyers and renters alike, the best deal, usually, is to stay put.

This mobility decline is “precipitous,” according to Riordan Frost, a mobility researcher at the Harvard Joint Center for Housing Studies.  “It’s really only going to get lower as people are unable to afford the asking (price) on a (different house or apartment unit.)”

Tipping Point Unknown

What are potential movers going to prioritize when thinking about moving or staying?  A bigger yard, or a higher interest rate?  The lack of storage, or the too-long distance from work or family, or the soaring price of housing?  No one knows at this point.

Data suggests that the mobility rate may grind down further even as workers need to move to reach new jobs and even as millions of households find it harder to change their homes to match their changing lives.

“All of this is suggesting that America may be stuck in place,” said Lawrence Yun, chief economist with NAR.

URGENT: Are You Worried About Having A Slower Start To The Year? Don’t Hit The Panic Button, Learn How To Have Massive Success In A Shifting Market. When You Attend This Exclusive Training You Will Learn 17 Surprising Secrets Of The Top 100 $ Millionaire Agents. Claim Your FREE Spot Now. After You Have Attended This Event You Will Experience A Huge Feeling Of Relief Knowing You Will FINALLY Laugh At Your Money Worries – You Will Have Your Own Personalized 2022 Step-By-Step Business And Lead Generation Plan. Learn Now How To Generate 100’s of Motivated Leads for FREE, Without Coming Off As A Pushy Salesperson and Losing Your Soul. You Will Soon Know How To Become One of the 1000s of Agents Making HUGE Money In This Changing Market. Claim your FREE spot now. YES, I Want To Attend The FREE Webinar! <——Click To Register

P.S. Free Webinar, Limited Space. Less Than 300 Spots Still Available. 

Thanks to the New York Times.


Claim Your FREE Real Estate Treasure Map!