A recent article that I found quoted a study by Realtor.com, showed that in some cities the residents stay longer than in other areas.
I’m often asked “how often do people move out of their homes in Albuquerque?” Well, that depends. If you mean changing homes, Albuquerque residents seem to like to move around a lot, but they are actually staying put within the city. They move up, or downsize, or move to a different lifestyle, on average about every 3-4 years. That seems frequent, but I think it’s because we have such great lifestyle diversity here.
However, this study found:
With an average time between sales of 99 months, the Realtor.com analysis found that El Paso, Texas topped the list of cities where homeowners stayed put the longest. With just a month less on its average time between sales, Albuquerque, New Mexico came in second. The study found that Albuquerque had a mix of lifelong residents and retirees who moved to the city because of the mild winters, dry heat, and affordable home prices.
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See, isn’t that grand? We have great weather, affordability, and wonderful lifestyles. When you get that urge to move around and find a new lifestyle neighborhood, call me today!
Find your next ‘lifestyle’ neighborhood in Albuquerque, and put your feet up, and stay awhile!