The pandemic seized activity worldwide. And post-pandemic, all sorts of traveling and moving activities around the world spiked.
This also led to a drastic fluctuation in traveling and moving-related expenses. Plus, it resulted in the speedy development of innovative moving solutions.
These changes reflect the dynamics of modern society and also offer insights into how people are redefining their lifestyles and priorities. A
In this post, we’ll explore some of the most prominent moving trends along with key developments that shape the way individuals and families approach the process of relocation.
Let’s get started!
1. Work-from-home has Freed People from Geographical Lock
In recent times, Work-from-home (WFH) has led to a drastic shift in the traditional work landscape. It has liberated individuals from geographical constraints. People are no longer stuck in states and areas they don’t want to live in — simply because their office is located there.
Instead, they are opting for hybrid or WFH roles that allow them to work from the comfort of home. As a result of this, they are able to move back to their hometowns or a state of their preference whenever they want.
If you’re wondering how many people are following this trend – well, according to a Global Workplace Analytics survey, around 56% of jobs globally are compatible with remote work arrangements. This trend is further justified by data from Upwork, revealing that 1 in 4 Americans will be working remotely in 2021.
Furthermore, an earlier Stanford study found that WFH increases productivity by 13% and reduces employee turnover by 50%. So, clearly, this trend is only likely to gain more popularity in the coming years.
This is because geographical freedom not only enhances work-life balance but also creates an environment of inclusivity for those who cannot join the office. Consequently, this flexibility results in significant environmental benefits, with reduced commute times leading to decreased carbon emissions.
As remote work continues to reshape the employment landscape, its positive impact on individuals, communities, and the environment becomes increasingly apparent.
2. Some Metro Areas Will See More Growth
While remote work has fueled a trend towards suburban and rural migration, certain metropolitan areas continue to attract a significant influx of residents. The appeal of urban centers persists for many individuals, particularly those in industries that thrive on collaboration, networking, and cultural vibrancy. However, the dynamics of urban migration are evolving — with preferences shifting towards cities that offer a balance between cosmopolitan amenities and offer a more affordable cost of living.
Metropolitan areas such areas. They are characterized by robust job markets, diverse housing options, and a vibrant cultural scene. Additionally, cities that prioritize sustainability, green spaces, and infrastructure development are likely to appeal to a new generation of urban dwellers seeking a well-rounded but healthy urban experience.
3. Increase in the Use of Virtual Services
We are also witnessing a rise in the demand for virtual services, particularly in the moving industry. Since more and more online platforms are becoming available, customers are increasingly turning to virtual solutions to streamline their moving process.
More and more individuals looking to move prefer using virtual services to book and coordinate their move. This trend can be attributed to the convenience and efficiency offered by online platforms, allowing customers to compare quotes, schedule services, and track their move from the comfort of their homes.
This also corresponds with the fact that 47% of realtors prefer using social media to generate high-quality leads. Some are even using augmented reality to boost their sales.
4. Competitive & Affordable Movers being Booked Online
Online booking platforms have revolutionized the way people search for and hire movers, with a growing emphasis on competitive pricing and affordability. Instead of booking the nearest possible movers at premium prices, families are digging the internet to find and compare the best affordable long distance movers.
What does this mean for moving companies? It simply means they should focus more on expanding online and reducing the distance between them and target customers.
One report also suggests that 24.1% chose to do their moves independently (without hiring a moving company), while the remaining people chose to:
- Completely depend on the services of a moving company (22.7%)
- Chose to pack their stuff and hired moving containers (15.7%)
- Rent a moving truck. (37.5%)
Given this, movers who offer competitive rates and convenient online booking options are gaining traction in the market.
5. Genz and Millennials Move the Most
Recent data analysis reveals that Gen Z and Millennials are leading the charge in relocation trends. According to the U.S. Census Bureau, these younger generations are more likely to move than their predecessors, with more of Gen Z and Millennials relocating within the past year. This demographic shift is driven by various factors, including:
- Job opportunities
- Affordability
- Lifestyle preferences
Millennials, in particular, are known for their mobility, with over 70% expressing willingness to move for the right job. This trend underscores the importance of understanding the needs and priorities of younger generations in shaping future housing and employment markets.
6. More People Are Leaving California, New York, and New Mexico
Data from MarketWatch Guides highlights a notable trend of out-migration from states like California, New York, and New Mexico. High living costs, congestion, and taxation issues are among the primary factors driving residents away from these states.
Additionally, remote work opportunities and a desire for more affordable housing options are prompting individuals and families to seek greener pastures elsewhere. This poses challenges for these states in terms of retaining talent and sustaining economic growth, prompting policymakers to explore solutions to address these concerns effectively.
7. More People Are Moving to Florida, Texas, and North Carolina
Additionally, Florida, Texas, and North Carolina are experiencing a significant influx of new residents. These states offer favorable tax climates, lower costs of living, and robust job markets, which makes them attractive destinations for individuals and families seeking better opportunities and quality of life.
According to data from the National Association of Realtors, Florida, in particular, saw a 10% increase in net migration in 2023, with Texas and North Carolina following closely behind. This population growth presents opportunities for economic expansion and infrastructure development in these states, as well as challenges related to managing urbanization and preserving natural resources.
Final Words
As Gen Z and Millennials lead migration trends, the future of the moving industry is dynamic. Movers should adapt to meet the needs of these generations, by emphasizing their convenience and affordability. We highly recommend embracing latest technology, providing transparent pricing, and prioritizing customer experience will be essential for success in this evolving landscape.
We hope you found this blog post 7 Moving Trends To Keep An Eye On useful. Be sure to check out our post on The Cost of Moving Services: What to Expect and How to Save for more great tips!
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