Americans Less on the Move, Census Says
December 9, 2011 by themathercompany
Filed under Blog, Buyers, General Real Estate Information, Homeowners, Sellers
High unemployment and housing woes are forcing more Americans to stay put, new Census Bureau data shows. In fact, Americans are moving less than they ever have on record, since the Census Bureau started tracking such data in 1948.
In the last year, about 35.1 million of Americans — or 11.6 percent — moved to a new home, which is down from 12.5 percent in the previous year. The record for American mobility was 21.2 percent, reached in 1951. Read more
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