The #1 Reason People Move: To Be Closer to Family - Austin Real Estate Agent

The #1 Reason People Move: To Be Closer to Family

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The #1 Reason People Move: To be Closer to Family

 

What Gets in the Way of Connecting with Loved Ones?

  • Life gets busy
  • Financial constraints
  • Work or health
  • A vast country with multiple time zones
  • “Let’s wait for the right time.”

This is image of a woman sitting in a chair with her hand on her mouth, thinking.

 

Let’s Strengthen Our Ties!

  1. Visualize your ideal family outcome
  2. Find creative ways to always stay connected
  3. Be realistic with your time and resources
  4. Don’t procrastinate; brainstorm ways to meet in the middle
  5. Let FOMO guide you!

This is an image of an extended family eating outside on a back porch or patio.

 

People on the Move!

Declining mortgage rates and significant personal milestones create pent-up demand for both buyers and sellers.

This image shows stats on people turning 65, marriages, divorces and births.

 

Ways to Stay in Touch

  1. Write specific goals for your ultimate family outcome
  2. Use technology to schedule a video chat
  3. Send a handwritten card or small gift
  4. Use or share your air miles for visits
  5. Invite everyone to a family get-together

This is image of a dad, mom and son laying on the floor with a laptop open in front of them.

 

 

The Benefits of Living Near Loved Ones

  • Assistance with child or elder care
  • Stronger family bonds
  • Longer life expectancy

This is an image of 2 grandparents hugging their granddaughter. There is a birthday cake on the table in front of them.

 

 

 

 

 

 

If you or someone you know is considering a move, feel free to contact me with any questions. I’m here to offer clear, concise information you can trust. I also belong to a network of top real estate professionals, and I can connect you to one wherever you’re looking to go.

If you are interested in moving to the Austin area, check put my blog on the current market. December Market Stats. 

For a printable version of this post, click here.

SOURCES: 1. National Association of REALTORS ® 2023 Home Buyers and Sellers Generational Trends Report 2. gobankingrates.com/retirement/planning/boomers-moving-further-from-home-close-to-grandbabies-is-it-good-financial-move/ 3. U.S. Census Bureau 4. pewresearch.org/short-reads/2021/11/04/amid-the-pandemic-a-rising-share-of-older-u-s-adults-are-now-retired/ 5. cdc.gov/emotional-wellbeing/social-connectedness/affect-health.htm 6. nber.org/system/files/working_papers/w17678/w17678.pdf

 

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