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Americans Staying Put in Homes

Reposted from Realtor Magazine:

Fewer Americans moved in 2009 than any other year this decade, according to the U.S. Census Bureau.

Population also grew less this year than any other year since 2000. It was up less than 1 percent from a year earlier, the bureau says.

Demographers say real estate is one of the big reasons people are staying put. “People are trapped,” says Yi Zhao, senior forecasting coordinator for the Census Bureau in the State of Washington. “They can’t sell their house or they have a hard time getting credit for a new one.”

Tagged: us population, housing trends, census bureau, 2009 population

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Chris Blackmon

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