Did you know that the average American moves every seven years? This is a little known fact, and one that has driven my decisions to take 5-year ARMs when I buy new property. Why pay 15 or 30 year fixed rates when it is unlikely that I will stay put for that long?
I am no exception to this rule. I have been in my current apartment for six years now and I am starting to get antsy. I want:
a fresh beginning.
You know that I am really into throwing things away and giving things to charity, but there is nothing like moving to get your place cleared out. Normally everything that was in cartons or a storage unit has not been touched or even remembered until the day your movers come. That is when you know that it is time to get rid of it!
I just listed a great 3 bedroom near City Hall Park for customers who I sold to…
seven years ago!
I just had lunch with a close friend who is ready to list her place and move. I sold her the place in Tribeca where she lives now…
eight years ago!
If you average in my six we are at:
seven years on average!!! See? I told you the average American moves once every seven years.
All of us want to stay downtown. All of us want a lot of space, light, amenities. We have all if not most of those things now but we still want to move! I know people who have lived in the same house for 30 years and I wonder… why? Moving is so much fun. It is a new adventure. It’s like getting a new haircut and highlights all in one day, only better, much better.
Now I just have to find somewhere for all of us to go… so I have to go.