{"id":11377,"date":"2021-12-07T14:00:00","date_gmt":"2021-12-07T19:00:00","guid":{"rendered":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/dreaming-about-moving-youre-not-alone-how-the-great-resignation-is-sparking-real-estate-dreams-across-america\/"},"modified":"2021-12-07T14:00:00","modified_gmt":"2021-12-07T19:00:00","slug":"dreaming-about-moving-youre-not-alone-how-the-great-resignation-is-sparking-real-estate-dreams-across-america","status":"publish","type":"post","link":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/dreaming-about-moving-youre-not-alone-how-the-great-resignation-is-sparking-real-estate-dreams-across-america\/","title":{"rendered":"Dreaming about moving? You&#8217;re not alone. How the &#8220;Great Resignation&#8221; is sparking real estate dreams across America"},"content":{"rendered":"<style type=\"text\/css\">\n<p>\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnml40{\nMARGIN-LEFT:3.33em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}<\/p>\n<\/style>\n<p><span class=\"xn-location\">MADISON, N.J.<\/span>, <span class=\"xn-chron\">Dec. 7, 2021<\/span> \/PRNewswire\/ &#8212;&nbsp;While homeownership is important to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3379269-1&amp;h=303690712&amp;u=https%3A%2F%2Fblog.coldwellbanker.com%2Ffall-survey-2021%2F&amp;a=many+Americans\" rel=\"nofollow noopener\">many Americans<\/a>, they are no longer confined to their previously held beliefs about where home can or has to be. Thanks to the &quot;Great Resignation,&quot; the movement of people leaving the workforce during the pandemic, many Americans don&#8217;t feel tethered to just one place anymore. In fact, 41% of employed Americans would be willing to take a pay cut or accept a new job with a lower salary in order to move to a more affordable location, according to the latest survey from <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3379269-1&amp;h=1998125678&amp;u=https%3A%2F%2Fwww.coldwellbanker.com%2F&amp;a=Coldwell+Banker+Real+Estate%C2%A0LLC\" rel=\"nofollow noopener\">Coldwell Banker Real Estate&nbsp;LLC<\/a>, a Realogy (NYSE: RLGY) company. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n                        <a href=\"https:\/\/mma.prnewswire.com\/media\/965791\/CB_Vertical_Stacked_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/965791\/CB_Vertical_Stacked_Logo.jpg\" title=\"(PRNewsfoto\/Coldwell Banker Real Estate LLC)\" alt=\"(PRNewsfoto\/Coldwell Banker Real Estate LLC)\"\/><br \/>\n                        <\/a>\n                <\/p>\n<\/p><\/div>\n<p>Conducted online by The Harris Poll among over 2,000 US adults, this survey reveals that the real estate renaissance means real estate markets across the country are ramping up to welcome all kinds of new residents.&nbsp;<\/p>\n<p><b>Dreaming Becomes Doing<\/b><\/p>\n<p>Coldwell Banker set out to discover what&#8217;s on home buyers&#8217; and sellers&#8217; minds and it turns out that younger generations are more inclined than their older counterparts to live in more affordable locations, even if it means taking a lower salary. Compared with survey data from earlier this year, the brand also found that household sizes are continuing to expand.&nbsp; <\/p>\n<ul type=\"disc\">\n<li><b>The &quot;Great Resignation&quot; Is Impacting Home:<\/b>&nbsp;41% of employed Americans would be willing to take a pay cut or accept a new job with a lower salary in order to move to a more affordable location. And younger employed Americans are more likely to be willing to do so than their older counterparts &ndash; those 18-44 are more likely than those 45-54 to be willing to take a pay cut or accept a new job with a lower salary in order to move to a more affordable location: <\/li>\n<ul type=\"circle\">\n<li>18-34 (51%) <\/li>\n<li>35-44 (47%) <\/li>\n<li>45-54 (32%) <\/li>\n<li>55-64 (27%)<\/li>\n<\/ul>\n<li><b>Budget Friendly Moves: <\/b>Nearly half (46%) of employed Americans who live in the northeast and west regions would be willing to take a pay cut or accept a new job with a lower salary in order to move to a more affordable location. <\/li>\n<li><b>Space To Grow:<\/b>&nbsp;Household sizes are continuing to grow, especially with younger homeowners. 57% of young homeowners (age 18-34) have felt their housing needs impacted by a growing household in <span class=\"xn-chron\">October 2021<\/span> compared with 50% in <span class=\"xn-chron\">February 2021<\/span>.<\/li>\n<\/ul>\n<p><b>Where Are They Headed? <\/b><\/p>\n<p>Americans are chasing the sun as <span class=\"xn-location\">Miami, Florida<\/span>; <span class=\"xn-location\">Atlanta, Georgia<\/span>; and <span class=\"xn-location\">Austin, Texas<\/span> emerged as some of the top locations they would consider relocating. <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3379269-1&amp;h=559349467&amp;u=https%3A%2F%2Fwww.coldwellbanker.com%2F&amp;a=Coldwell+Banker+affiliated+agents\" rel=\"nofollow noopener\">Coldwell Banker affiliated agents<\/a> are already welcoming new residents in these regions! <\/p>\n<ul type=\"disc\">\n<li><b>Welcome to <span class=\"xn-location\">Miami<\/span>:<\/b>&nbsp;Nearly a third (31%) of males aged 18-34 would consider moving to <span class=\"xn-location\">Miami<\/span>. Females aged 18-34 were more likely to consider relocating to <span class=\"xn-location\">Austin<\/span> among the options listed (21%). <\/li>\n<li><b>For the Sake of the Kids: <\/b><span class=\"xn-location\">Miami<\/span> and <span class=\"xn-location\">Austin<\/span> also ranked the highest among the options listed in potential relocation for those with children under 18 in the household at 21% and 17%, respectively. <\/li>\n<li><b>Black Americans Are Interested in <span class=\"xn-location\">Atlanta<\/span>:<\/b>&nbsp;28% of Americans who self-identified as Black (Not Hispanic) would consider relocating to <span class=\"xn-location\">Atlanta<\/span>, the highest percentage for Black respondents of any major city surveyed.<\/li>\n<\/ul>\n<p><b>Americans Aren&#8217;t Afraid to Sell Their Homes, But They Still Want Help<\/b><\/p>\n<p>Overall, Americans are still dreaming about the idea of home. They&#8217;re showing that home can be anywhere as they redefine the American Dream. While the home selling process has become less intimidating to homeowners, they&#8217;re still seeking help from experienced Coldwell Banker agents who have served as trusted advisors, guiding people home since 1906. <\/p>\n<ul type=\"disc\">\n<li><b>Chill Out<\/b>: The home selling process is becoming less intimidating to homeowners. Only 16% of homeowners in <span class=\"xn-chron\">October 2021<\/span> say an intimidating home selling process would be a concern if they were to list their home today, compared with 20% in <span class=\"xn-chron\">June 2021<\/span> and 24% in <span class=\"xn-chron\">February 2021<\/span>. <\/li>\n<li><b>Putting Your Listing to Work: <\/b>Over a third of Americans (34%) would like a program that offers benefits to a seller such as no upfront cost for renovations, instant cash offer or additional listing exposure when looking for a real estate website to use when buying or selling a home. <\/li>\n<li><b>Tech Dreams to Get to Your Destination: <\/b>The top features homeowners want in a real estate website when buying or selling are a feature that would give them an estimated sale price for their home (39%) and a feature that would let them compare the cost of living in different zip codes (37%). <\/li>\n<\/ul>\n<p>Coldwell Banker takes the lead by offering programs and services to meet consumers&#8217; desires.&nbsp; <\/p>\n<p>The <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3379269-1&amp;h=3257043776&amp;u=https%3A%2F%2Fblog.coldwellbanker.com%2Frealvitalize%2F&amp;a=RealVitalize+program\" rel=\"nofollow noopener\">RealVitalize program<\/a>, combined with the expertise of Coldwell Banker affiliated agents, provides a powerful advantage for sellers looking to sell their home faster and for a better price. It also removes the stress of finding funding for projects as money is paid back during closing. The program draws from a pool of expert professionals from Angi, the nation&#8217;s largest network of pre-screened, homeowner-rated service professionals. Clients are connected with top-rated local pros to ensure the job gets done right. <\/p>\n<p><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3379269-1&amp;h=3276384164&amp;u=https%3A%2F%2Furldefense.com%2Fv3%2F__http%3A%2Fwww.realsure.com%2F__%3B!!CHCva4lQ!WecoS2wiACaRndIaL_O5jfB_xZdtzq93l6d3BDzkxKbIyjlKIy9Mf-WeRCD-J3hsvLrUnvs%24&amp;a=RealSure\" rel=\"nofollow noopener\">RealSure<\/a>, a joint venture between Realogy and Home Partners of America,&nbsp;is a residential real estate transaction solution that&nbsp;helps consumers buy and sell their homes with confidence. RealSure&#8217;s differentiated offering keeps agents from Realogy&#8217;s brands, including Coldwell Banker,&nbsp;at the center of every transaction. <\/p>\n<p>Coldwell Banker <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3379269-1&amp;h=2095525531&amp;u=https%3A%2F%2Fyoutu.be%2FigLvj6VxmVo&amp;a=announced\" rel=\"nofollow noopener\">announced<\/a> in October that it would reboot coldwellbanker.com and turn it into the ultimate seller destination online. Stay tuned in 2022 for what this will mean for homebuyers and sellers.<\/p>\n<p><b>CLICK TO TWEET: <\/b><\/p>\n<p><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3379269-1&amp;h=2848220321&amp;u=https%3A%2F%2Fctt.ac%2F3UraG&amp;a=Would+you+take+a+pay+cut+to+live+in+a+more+affordable+area%3F+%40ColdwellBanker%27s+latest+survey+found+that+41%25+of+employed+Americans+would.+Check+out+the+findings%3A+https%3A%2F%2Fblog.coldwellbanker.com%2F2021-fall-survey%2F\" rel=\"nofollow noopener\">Would you take a pay cut to live in a more affordable area? @ColdwellBanker&#8217;s latest survey found that 41% of employed Americans would. Check out the findings: https:\/\/blog.coldwellbanker.com\/2021-fall-survey\/<\/a>&nbsp;<\/p>\n<p><b>QUOTES:<\/b><\/p>\n<p>&quot;Our latest survey reveals that young adults no longer feel constrained to living in the same city, even if it means taking a lower salary in exchange for living in a more affordable location. Younger folks may be redefining the American Dream, but one thing remains clear: Americans are still prioritizing homeownership. If you&#8217;re ready to make those dreams a reality, our Coldwell Banker agents are prepared to guide you home, wherever that may be.&quot; <\/p>\n<p id=\"indentid\" class=\"prnml40\">&#8211;&nbsp; <b>M. <span class=\"xn-person\">Ryan Gorman<\/span>, president and CEO, Coldwell Banker Real Estate LLC<\/b><\/p>\n<p><b><u>Survey Methodology <br \/><\/u><\/b>These surveys were conducted online within <span class=\"xn-location\">the United States<\/span> by The Harris Poll on behalf of&nbsp;Coldwell Banker. The October survey was conducted from <span class=\"xn-chron\">October 21 &#8211; 25, 2021<\/span> among 2,027 adults ages 18 and older, among whom 1,307 are homeowners. The June survey was conducted between <span class=\"xn-chron\">June 22-24, 2021<\/span> among 1,335 homeowners ages 18 and older. The February survey was conducted from <span class=\"xn-chron\">February 23-25, 2021<\/span> among 1,356 U.S. homeowners ages 18 and older. These online surveys are not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodologies, including weighting variables and subgroup sample sizes, please contact&nbsp;<a target=\"_blank\" href=\"mailto:dgorecki@gscommunications.com\" rel=\"nofollow noopener\">dgorecki@gscommunications.com<\/a>.<\/p>\n<p><b><u>About Coldwell Banker Real Estate LLC<br \/><\/u><\/b>Powered by its network of over 99,000 affiliated sales professionals in approximately 2,200 offices across 40 countries and territories, the Coldwell Banker<sup>&reg;<\/sup>&nbsp;organization is a leading provider of full-service residential and commercial real estate brokerage services. The Coldwell Banker brand prides itself on its history of expertise, honesty and an empowering culture of excellence since its beginnings in 1906. Coldwell Banker Real Estate is committed to providing its network of sales professionals with the tools and insights needed to excel in today&#8217;s marketplace and is known for its bold leadership and dedication to driving the industry forward. The brand was named among the 2021 Women&#8217;s Choice Award<sup>&reg;<\/sup>&nbsp;Most Recommended brands for customer experience and overall quality. Blue is bold and the integrity and values of Coldwell Banker give the Gen Blue network an unbeatable edge. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. To join Coldwell Banker Real Estate and unlock the possibilities of Gen Blue<sup>&reg;<\/sup>, please visit&nbsp;<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3379269-1&amp;h=1175622578&amp;u=http%3A%2F%2Fwww.coldwellbanker.com%2Fjoin&amp;a=www.coldwellbanker.com%2Fjoin\" rel=\"nofollow noopener\">www.coldwellbanker.com\/join<\/a>.<\/p>\n<p><b><u>About Realogy Holdings Corp.<br \/><\/u><\/b>Realogy Holdings Corp. (NYSE: RLGY) is moving the real estate industry to what&#8217;s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.4 million home transactions in 2020. The company&#8217;s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens&reg; Real Estate, CENTURY 21&reg;, Coldwell Banker&reg;, Coldwell Banker Commercial&reg;, Corcoran&reg;, ERA&reg;, and Sotheby&#8217;s International Realty&reg;.&#x202f;Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its&nbsp;approximately 196,600 independent sales agents in the U.S. and approximately 140,800 independent sales agents in 117 other countries and territories, helping them build stronger businesses and best serve today&#8217;s consumers. Recognized for ten consecutive years as one of the&#x202f;World&#8217;s Most Ethical Companies, Realogy has also been designated a&#x202f;Great Place to Work&#x202f;four years in a row, named one of&#x202f;LinkedIn&#8217;s 2021 Top Companies in the U.S., and honored on the&nbsp;<i>Forbes&nbsp;<\/i>list of World&#8217;s Best Employers 2021.&nbsp;<\/p>\n<div>\n<table id=\"convertedTable1108\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td colspan=\"2\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Media Inquiries: <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Athena Snow<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deanna Gorecki<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Coldwell Banker Real Estate LLC<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>G&amp;S for Coldwell Banker Real Estate LLC<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">973.407.5590<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">516.233.9446<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><a target=\"_blank\" href=\"mailto:Athena.Snow@coldwellbanker.com\" class=\"prnews_a\" rel=\"nofollow noopener\">Athena.Snow@coldwellbanker.com<\/a> &nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><a target=\"_blank\" href=\"mailto:dgorecki@gscommunications.com\" class=\"prnews_a\" rel=\"nofollow noopener\">dgorecki@gscommunications.com<\/a> <\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<\/div>\n<p>SOURCE  Coldwell Banker Real Estate LLC<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY96594&amp;Transmission_Id=202112070900PR_NEWS_USPR_____NY96594&amp;DateId=20211207\" style=\"border:0px; width:1px; height:1px;\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MADISON, N.J., Dec. 7, 2021 \/PRNewswire\/ &#8212;&nbsp;While homeownership is important to many Americans, they are no longer confined to their previously held beliefs about where home can or has to be. Thanks to the &quot;Great Resignation,&quot; the movement of people leaving the workforce during the pandemic, many Americans don&#8217;t feel tethered to just one place [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-11377","post","type-post","status-publish","format-standard","hentry","category-coldwell-banker"],"_links":{"self":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/comments?post=11377"}],"version-history":[{"count":0,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11377\/revisions"}],"wp:attachment":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/media?parent=11377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/categories?post=11377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/tags?post=11377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}