Poll results: Staying and going
About a quarter of you need a new place and expect to move soon. But just as many of you can't move soon, even though you need a new place, too.
That's what folks said in last week's Wonk poll. And even though it's hardly scientific, I think it tells us something about the state of the housing market -- and economy -- today.
More on that in a moment. First, the rest of the results:
--Many of you (forty-one percent) are happy where you are and have no plans to move soon.
--Five percent of you are happy where you are but have to move soon, anyway. (Here's hoping it's for a better job and not because you're losing your house.)
Several of you wrote in your own answers:
"I'd love to move, I even know where I'd like to live, but prices are too high."
"I'd like to move but need a new job."
"I want to move from apt. to house, but like you, job situation is iffy." (I told you last week that I'm in the "need more space" category, but one hesitates to take on a bigger mortgage when one works in an industry that's laying off people right and left.)
And three people said they either just moved or are in the process of moving.
I also asked you how long you've been living in your home. Not long, in most cases.
Twenty-eight percent said between two and five years. Twenty-two percent said between one and two years. Seventeen percent said a year or less. That's two-thirds of you right there.
Thirteen percent each said between five and 10 years, and between 10 and 20 years.
And seven percent of you have been where you are more than 20 years.
The good news is that many of you are happy with your housing situation or are able to move to improve it. Hooray for good news!
The not-so-good news is that a significant number of you -- as many as the soon-to-be-movers -- want to move too but can't. Job uncertainty, affordability problems, probably "can't sell my house" issues -- these are weighing on some of us, and thus on the housing market as a whole.
Have you found creative ways to alter your home -- in the renovation or organizational sense -- so it meets your needs without moving? Do share.