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What our Sellers have been telling us, is to upgrade to a large home.
In my case - moving to a bigger home (and I guess, after a decade or so, it will be downsizing)
The top two.... are splitting up and downsizing. not sure which is more. (That would be moving out).. For moving in is marriages and getting out of renting.
Most often they tell me that they want a bigger or smaller property.
Larry and Sheila,
Downsize, and some are upsizing in our area. A
In my area, the number one reason is to downsize.
I get a lot of job relocation clients because our town is a college town. Coaches, faculty, staff and students are always coming and going.
Right now it is to move up or downsize within Denver. I was seeing many more relocations, but not at this moment.
Job transfers provide reasons for many moves. In our area, many seniors are selling their homes in order to move south where the home prices and the real estate taxes are much lower.
In my market, they are typically moving out of town for a relocation or trading up due to family needs.