Relocation Management Services – Insight Into Moves in the Past Year
Relocation management services provide insight into moves in the past year.
“What is interesting,” said Sue Harrington, the President at Relocation Coordinates International. “2021 saw more people moving to New York City in 2021 and now they are all trying to leave. Eighty six percent more people decided to relocate to New York City, when compared to those that left.”
2021 was not an easy year with a lot going on economically, socially and politically. The trends that year didn't see too much movement, but more people are now relocating for financial reasons, work or to be closer to their families. Thousands of people moving in the past year have blamed the pandemic, they have had to quit their jobs and reassess their priorities, while others working remotely are looking for more space and a chance to reduce their household costs.
Due to the pandemic only one in twelve Americans moved in 2021, which was the lowest percentage on record. Seventeen percent moved to another state. Florida, Texas and California remain leading destinations, while New Jersey saw a decline in population as people fled the densely populated city.
Relocation Coordinates International are leading relocation experts, providing corporate relations, which are also increasing in demand in the first quarter of 2022. Corporate relocations is where the business pays an existing employee or new employee to move to a new city for work. This makes the process easier and the employee can arrive and move into their new home, which is waiting for them.
Sue Harrington of Relocation Coordinates International, said “The corporate relocation industry remains big, even with the pandemic and so many people working from home. The average market size is around fourteen billion dollars. Employee relocations are due to housing booms, increase in remote working opportunities and of course, the coronavirus pandemic.”
When the pandemic first started, the relocation industry statistics showed a lot of moves taking place across the country with the majority of people choosing to move out of city areas to less densely populated suburban areas. Relocation Coordinates International continue to see a rise in demand for corporate relocations in the first quarter of 2022.
About Us: Relocation Coordinates International is a leading domestic, international and commercial relocation specialist based in San Diego, backed by more than thirty years of experience. The company provides a complete service from pre-decision through to departure with international relocation experts and an extensive network of service providers, who have been hand selected based on their proven performance. The company manages worldwide relocation service with personalized and customized solutions, while offering flexibility and keeping costs in check. Relocation Coordinates International assist with costs, area tours, temporary housing, purchasing and rental assistance, visa support, taxation assistance, home sales and property management. Visit http://www.relocationcoordinates.com to find out more.