June 25, 2008 Elad Bushari

While an estimated 40 million Americans move to a new residence each year, a larger proportion of them are moving from homeownership to renting (19 percent) than from renting to owning (15 percent), according to a new survey by Relocation.com. Only 14 percent of these consumers moved into a newly purchased home from one they had previously owned. Most moves occur due to career (new jobs or promotions) or lifestyle changes (downsizing or retirement), the study finds.

Elad Bushari

Elad Bushari is the Broker / Owner of Bushari Group Real Estate and a National "30 Under 30" Honoree by REALTOR Magazine in 2009.

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