Robust Real Estate Market = Americans Are On The Move

  • July 30, 2013
  • devinlucas

Americans are feeling more financially secure with real estate and looking to relocate somewhere ideal, such as Costa Mesa or Newport Beach, according to data from the U.S. Census Bureau and the California Association of REALTORS®.  1.4 million more households moved in 2012 than in 2011.

Consumer confidence in real estate is key, with 54 percent of respondents in the Western U.S. feeling more comfortable with real estate purchases now than at any time in the previous five years.  Why are people moving?  50 percent of respondents were simply ‘moving up’ to a better or larger home; 30 percent moved towards what they described as better neighborhoods, and; 21 percent moved relating to their work locations and to reduce the commute.

Here’s a neat graphic from the California Association of REALTORS®.

See the video:

-Devin Lucas

Author Devin R. Lucas is a Real Estate Attorney, Broker and REALTOR®, specializing in Newport Beach, Costa Mesa and Orange County, serving individual, investor and small business interests in real estate.  Active with the Newport Beach Association of REALTORS® and Costa Mesa Chamber of Commerce, Devin R. Lucas Real Estate is an independent real estate brokerage and law practice located in Newport Beach, California.

Devin R. Lucas Real Estate
Real Estate Attorney | Real Estate Broker | REALTOR® | | BRE No. 01912302
949.478.1623 office | 888.667.6038 fax

2901 West Coast Highway Suite 200
Newport Beach | California | 92663-4023

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