RISMEDIA, July 13, 2010—While U.S. consumers continue to work their way through an uneven economy, a new Relocation.com survey suggests there are signs of improvement in many households. In June 2010, of the 1,068 who participated in a Relocation.com survey, only 1% said they were moving because of foreclosure—a 70% drop from earlier survey responses.
And while Relocation.com’s February 2010 survey found that one in five respondents (18%) indicated they moved to a new location with a lower cost of living, this percentage dropped to 7% in June.
“Our findings trend with national data pointing to an ease in foreclosure-related moves in some regions,” said Relocation.com Chairman and Founder Sharon Asher. “Through our survey and traffic patterns on our website, we’ll continue to track consumer sentiment in the coming months to see how consumers are faring in these current economic conditions.”
The Relocation.com survey was conducted in early June, 2010 and is a continuation of consumer surveys conducted since March 2009 to gauge moving and relocation attitudes and behaviors.
For more information, visit www.relocation.com.