1038 ET - Crime was a reason given by 18% of home hunters planning to move in the next year. That and safety/climate risks ranked above lower property taxes, family changes, and higher school ratings, according to Redfin. Nearly one in seven--13.7%--of home hunters say a concern for natural disasters or climate risks in their area is a reason they are likely to move, according to the real estate brokerage. A desire for more space--31.2%--topped the list of reasons people are considering moving, followed by wanting to upgrade to a better home or neighborhood, and wanting to seek a lower overall cost of living. Women were more likely than men to cite a concern for safety/crime as a reason for moving in the next year. Men were more likely than women to cite a concern for climate risks, Redfin says. (chris.wack@wsj.com)
(END) Dow Jones Newswires
November 20, 2024 10:38 ET (15:38 GMT)
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