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August 22, 2010

The last time you moved

We're a mobile bunch, we Americans, but less so than we used to be.

As demographer William H. Frey notes in "The Great American Migration Slowdown," a Brookings Institution report, "The credit crisis and Great Recession that followed left Americans flat-footed, as would-be movers were unable to find financing to buy a new home, buyers for their existing homes, or a new job in more desirable areas." In the 2007-2008 period, which he analyzed in his '09 study, the migration rate was lower than it had been at any time since World War II.

So I guess I'm not surprised that many of you haven't moved for a while. About 45 percent of you who took last week's poll have been in your home -- rented or owned -- for at least five years. Last move "before 2000" was the most popular answer, with 14 percent of the vote. (One reader hasn't moved since 1969.)

Even so, a fair number of you switched homes pretty recently. Eighteen percent of you moved this year, including some in the past month. Thirteen percent more moved last year.

Even if you have nothing stopping you from moving, you might not want to go anywhere -- we all know people who are happily ensconced. My parents have lived in their home for more than 30 years.

Are you settled in for the long haul (or looking to find a long-haul place), or do you see yourself as a frequent mover for years to come?

Posted by Jamie Smith Hopkins at 7:00 AM | | Comments (0)
Categories: Moving, Polls
        

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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