75% of Americans who moved last year have regrets—here's the No. 1 reason why

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If you had 2nd thoughts astir moving to a caller location successful 2022, you're not alone.

Three retired of 4 Americans accidental they had regrets astir relocating past year, according to a recent survey by Home Bay, a existent property brokerage. Just nether fractional of the respondents said they cried astatine immoderate constituent during the move, too.

Regrets see unexpected costs, the hassle of moving, missing items mislaid successful the move, oregon simply not liking the caller home, according to 1,000 survey respondents who relocated successful 2022.

But the fig 1 regret was a necktie betwixt not moving to a bigger spot and missing the erstwhile home, which was selected by 20% of those surveyed.

These are the apical reasons Americans regret moving to a caller location successful 2022

  1. I privation I moved to a bigger place: 20%
  2. I miss my aged home: 20%
  3. I privation I got escaped of much stuff: 19%
  4. It was excessively overmuch of a hassle: 19%
  5. It took excessively long: 18%
  6. It was excessively expensive: 17%
  7. The determination negatively impacted my relationship(s): 17%
  8. Items went missing: 17%
  9. I don't similar my caller home: 15%
  10. I privation I moved to a smaller place: 15%

Why movers person mixed feelings astir caller homes

Finding a caller spot tin beryllium exciting, but the uncertainty successful uncovering a location you really similar tin make a batch of anxiety, arsenic well. That was reflected successful the data, too. Of those that moved, 65% said they felt affirmative emotions similar excitement and relief. But 59% of them besides felt antagonistic emotions similar accent and anxiety. 

"Overall, if fixed a choice, radical mostly don't privation to move. It's a large hassle, there's costs that spell with it and determination are ever regrets from having been comfy with wherever you were," says Suzanne Miller, CEO and President of Empire State Properties, a New York based existent property brokerage.  

The apical reasons Americans moved successful 2022 were to amended their prime of beingness (24%), unrecorded successful a cheaper country (23%), and get a bigger spot (22%), according to the survey.

Some of the regrets — similar picking the incorrect moving institution — bespeak the accent of the determination itself, which is temporary. But different reasons mightiness beryllium related to the rising costs of shelter which would marque it harder to find a large capable place.

"The operation of inflation and accrued involvement rates led immoderate radical to standard backmost their plans, and that includes moving into smaller spaces," says Nicole Beauchamp, a existent property broker successful New York, alluding to rapidly increasing rent costs and location prices successful the past fewer years. 

In different cases, it could beryllium that radical settled for a location that didn't acceptable their needs, particularly successful markets wherever the proviso of homes is much limited.

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