Study Reveals 79% Of Black Americans Had Regrets About Relocating Last Year: Here Are Ways To Cut Your Moving Costs

Published on March 10, 2024
A recent study indicates that 79% of Black Americans had regrets about moving to a new home last year.

Some of the top regrets reported by respondents included missing their old home (20%), wishing they had decluttered before moving (19%), and wishing they had chosen a larger place (15%). These intriguing findings were provided by Jaime Seale, the author of this report. The study, conducted by Clever Real Estate, surveyed 2,000 American adults who relocated in 2023, shedding light on their experiences.

At the same time, the top reasons Blacks moved were a lower cost of living/home prices (23%), a better quality of life such as better weather and recreational opportunities (20%), and living closer to friends and family (18%).

Another discovery revealed that 40% of Black Americans shed tears during the relocation process, and 35% of them experienced conflict with loved ones during that activity.

On the cost front, 47% of Black Americans spent $1,500 or more on their move. That was less expensive than the (50%) of all Americans quizzed who spent $2,000 or more to do the same last year.

Roughly 53% of Americans had unexpected costs during their move, and 54% say the total moving outlay was higher than expected. Not considering those costs more closely perhaps explains why Americans (33%) say they didn’t budget correctly for their move.

The report disclosed that DIY movers (35%) report they did not hire professional movers because they’re too expensive, while (17%) say they don’t trust moving companies. Yet around (24%) of people relocated themselves regret not hiring a moving service.

To help reduce moving costs, Seale offered some tips:

  • “Prices can vary widely among companies, so get multiple estimates to make sure you’re getting the best deal.
  • “Movers usually charge by weight or volume, so getting rid of some items that you don’t need or want in your new home can help reduce the cost.”
  • “Before buying boxes and packing materials, use items you already have. For example, fill up suitcases or plastic tubs you already have and use clothing or blankets to wrap any breakable items.”

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