New data from Coldwell Banker shows high rate of out-of-state searches

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Fresh Coldwell Banker data from the Move Meter reveals where Americans dream of moving

MADISON, N.J., July 6, 2022 /PRNewswire/ — This summer, as Americans enjoy their favorite activities to cool off, moving dreams heat up. Fresh data from Move counterSM on the refreshed coldwellbanker.com shows trends and insights into where Americans dream of moving, giving sellers a clear and informative picture of their homes’ listing potential. In fact, 82% of all Move Meter℠ searches to date were for leaving the state.

(PRNewsfoto/Coldwell Banker Real Estate LLC)

The Move Meter℠ compares the cost of living city by city. It was created by Coldwell Banker Real Estate as part of a suite of industry-exclusive tools to empower consumers to dream of a home and guide them to their new destination. In addition to the Move Meter, Coldwell Banker has created the ultimate destination for home sellers at coldwellbanker.com, featuring industry-exclusive tools like the CB Estimate℠, which provides an estimate of home value, and a new remarkable seller’s assurance program.

Americans are on the move (Meter)

  • go the distance: The average Move Meter℠ search covered 1,015 miles on average (approximately the distance of New York at Miami).

  • chasing the sun: While residents of the Midwest and Northeast seek warmer temperatures in the Southeast (38% vs. 46%), residents of the Southeast, Southwest, and West all had more chances of staying in their respective regions.

Americans dream of moving, but where?

  • Southern Charm: Austin, TX, topped the list of most searched destinations and saw 46% more searches than the next closest destination. The best place to dream of moving Austin is San Diego, California. So how does the movement stack up? According to the Move Meter℠, the passage of San Diego at Austin could be a smart move if you appreciate the strength of the job market.

  • The Californian dream: 20% of searches for California were looking to stay in the Golden State. Top searches in the state are looking to move elsewhere inside California came San Diego, San Francisco and Bakersfield.

  • burn for Florida: The #1 state at the top of the Move Meter℠ Interest Index was Florida with one in seven searches of all Move Meter℠ searches looking to relocate to the Sunshine State.

  • Destination Dreams: Top 10 searched cities included Austin; Sarasota, Florida; San Diego; denver; Nashville, TN; Tampa, Florida; New York; Naples, Florida; Charlotte, North Carolina; and Seattle.

With a network of over 100,000 agents worldwide, Coldwell Banker has affiliated agents in almost every market in United States. So no matter where searchers are looking, a Coldwell Banker affiliate agent can help make the dream come true. Home sellers and buyers can visit coldwellbanker.com to find an agent and prepare for their next move into their dream home using the coldwellbanker.com/movemeter.

CLICK TO TWEETER:

Fire up the grill and the moving truck: 82% of Americans dream of moving out of state, according to new data from Coldwell Banker. https://blog.coldwellbanker.com/dream-destinations/

QUOTATION:

“Our new Move Meter℠ tool provides insight into where Americans are looking to build their dream projects. Since 1906, Coldwell Banker has been the leading real estate innovator, with agents in nearly every US market. United States, we provide the tools and resources sellers need to achieve their dreams, wherever their search takes them.If you’re looking to take that big step, let our Coldwell Banker agents guide you.

M Ryan GormanCEO of Coldwell Banker Real Estate LLC

“Thanks to the new tools on coldwellbanker.com, we’re seeing strong interest and a desire among Americans and homeowners to take a leap of faith and move to live in their dream destinations this summer. The Coldwell Banker Move Meter℠ provides sellers the support and tools they need to make those dreams a reality.”

David MarineCMO of Coldwell Real Estate Banker LLC

About Coldwell Banker Real Estate LLC

With a network of more than 100,000 affiliated sales professionals in approximately 2,200 offices in 40 countries and territories, the Coldwell Banker® organization is a leading provider of full-service residential and commercial real estate brokerage. The Coldwell Banker brand is proud of its history of expertise, honesty and an inspiring 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 knowledge necessary to excel in today’s marketplace and is known for his bold leadership and dedication to advancing the industry. The brand was named a 2022 Women’s Choice Award® Top Recommended Brand 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 Gen Blue opportunities®please visit www.coldwellbanker.com/join.

About AnywhereSM

Anywhere Real Estate Inc. (NYSE: HOUS) is on a mission to empower everyone to take their next step. Home to some of the most recognized brands in real estate – Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA® and Sotheby’s International Realty® – the AnywhereSM The portfolio includes franchise and brokerage operations as well as national securities, settlement and relocation firms and nationwide mortgage origination and underwriting joint ventures. Supporting approximately 1.5 million real estate transactions in 2021, Anywhere is focused on simplifying, digitizing and integrating the real estate transaction for all consumers, wherever they are in their buying and shopping journey. sale of houses. With innovative products and technology, Anywhere powers the productivity of its approximately 196,200 independent sales agents in the United States and approximately 136,400 independent sales agents in 118 other countries and territories. Recognized for eleven consecutive years as one of the World’s Most Ethical Companies, Anywhere has also been named a Great Place to Work four years in a row, named one of LinkedIn’s Top Companies of 2022 in the United States and honored by Forbes as one of the most ethical companies in the world. Top Employers 2021.

Media inquiries:

Athena Snow
Coldwell Banker Real Estate LLC
973.407.5590
[email protected]

Kristen Carmen
G&S for Coldwell Banker Real Estate LLC
212.697.2600
[email protected]

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SOURCE Coldwell Banker Real Estate LLC

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