The Current Motivations to Make a Move

With the past year being different than anyone every expected, we have had to adapt to new lifestyles and needs. Part of that is spending more time in our homes. From having our homes turned into office spaces and school, make people have begun to reconsider what homeownership means and what is most important for a home.

According to the 2020 Annual National Movers Study:

“For customers who cited COVID-19 as an influence on their move in 2020, the top reasons associated with COVID-19 were concerns for personal and family health and wellbeing (60%); desires to be closer to family (59%); 57% moved due to changes in employment status or work arrangement (including the ability to work remotely); and 53% desired a lifestyle change or improvement of quality of life.”

With a new perspective on homeownership, here are some of the reasons people are considering moving to a new space:

1. Working from Home

Remote work has become the new norm, and for some, it’s lasting longer than initially expected. Many in the workforce today are discovering that there is no need to live so close to the office anymore and they can get more for their money if they move a little further outside the city limits. Apartment List notes:

“The COVID pandemic has sparked a rebound in residential migration: survey data suggest that 16 percent of American workers moved between April 2020 and April 2021, up from 14 percent in 2019 and the first increase in migration in over a decade… One of the major drivers in this trend is remote work, which expanded greatly in response to COVID and will remain prevalent even after the pandemic wanes. No longer tethered to a physical job site, remote workers were 53 percent more likely to move this past year than on-site workers.”

If you’ve tried to convert your guest room into a home office with minimal success, it may be time to find a larger home. The reality is, your current house may not be designed for this kind of space, making remote work very challenging. With a Faber Builders home, they are all customizable to fit your needs. Use our flex room for a home office, add another room, or even move around some of the walls in the plan, the opportunities are endless!

2. Room for Fitness & Activities

Staying healthy and active is a top priority for many Americans, in turn dream of having space for a home gym is growing stronger. A recent survey of 4,538 active adults from 122 countries noted the three fastest-growing fitness trends amongst active adults:

• At-home fitness equipment (up 50%)
• Personal trainers/nutritionists (up 48%)
• Online fitness courses, classes, and subscriptions (up 17%)

Having room to maintain a healthy lifestyle at home – physically and mentally – may prompt you to consider building new place to live that includes space for at-home workouts, hobbies, and activities for your household. Add a third garage space or a finished basement to your Faber Builders home to create that space.

3. Outdoor Space

Better Homes & Gardens recently released the outdoor living trends for this year, and three of them are:

• Outdoor Kitchens: 60% of homeowners are looking to add outdoor kitchens.
• Edible Garden: Millions of people began gardening during the pandemic . . . to supplement pantries with homegrown fruits, vegetables, and herbs.
• Secluded Spaces: As outdoor activity increases, so does the need for privacy.

Want to talk more about any of these options? We can help you create a plan to make your backyard the perfect space for you. Plus, many Faber Builders homeowners are wonderful gardeners - and very friendly!

Bottom Line

If you are looking for more room to add a home office or add a home gym look no further than Faber Builders! With today’s low mortgage rates. It’s a great time to get more home for your money, just when you need it most. Fill out the form below to start your homeownership process with Faber Builders!

This post, What's Motivation People To Move Right Now?, first appeared on the Keeping Current Matters website