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Generation 'Y' Packs Its Bags For The 2012 Moving Season

Five Markets Millennials Can Consider When Making A Long Distance Move


News provided by

Move, Inc.

Jun 21, 2012, 06:30 ET

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CAMPBELL, Calif., June 21, 2012 /PRNewswire/ -- As the most mobile group of Americans in the U.S. today, Millennials[i] can be expected to lead the nation in household relocations as a result of new jobs, educational opportunities, relationships and other major life milestones[ii].

To help Millennials as they pack up and hit the road for their next hometown, Moving.com, a leading source for moving-related services and information has compiled a list of five 'Millennial-friendly" cities along with helpful tips to get them ready for moving day.  The Moving.com list of five 'Millennial-friendly' cities below, which is based on local unemployment rates, affordable rents and home prices, and local community activities appealing to Generation 'Y' includes:

Market

Unemployment Rate[iii]

Average Rent Prices[iv]

Median List Price[v]

Dallas, TX

6.5%

$1,314 a month

$204,900

Tallahassee, FL

6.7%

$787 a month

$159,000

Athens, GA

6.5%

$804 a month

$174,900

Phoenix, AZ

6.6%

$828 a month

$185,500

Pittsburgh, PA

6.3%

$1,074 a month

$143,250

  • Dallas, TX.  For Millennials continuing their education, Dallas is home to Southern Methodist University, The Art Institute of Dallas, The University of Texas at Dallas and more. Its home to cool hotspots like Deep Ellum and Lower Greenville Avenue. The city also boasts Dallas World Aquarium, the Dallas Arboretum and museums including The Sixth Floor Museum @ Dealey Plaza.
  • Tallahassee, FL is home to Florida State University. Close to the Gulf, Tallahassee has great nightlife including bars like Waterworks or Bradfordville Blues Club for music lovers. Tallahassee is one of "America's Last Great Places"[vi] thanks to beautiful canopy-covered roads and lush greenery.
  • Athens, GA was named the '#1 College Music Scene' in America by Rolling Stone in 2003 and is the home to R.E.M. and the B- 52s.[vii] Check out Clayton and Broad Streets in the downtown area for an array of restaurants and lounges. If that's not cool enough, check out the University of Georgia for history, culture and sports action. The Memorial Park, Bear Hollow Zoo, or the Sandy Creek Nature Center offer great outdoor fun.
  • Phoenix, AZ is fun for Millennials interested in sports.  It hosted the 2008 Super Bowl XLII and will  again in 2015. The Cactus League of Major League Baseball spring training also takes place in the Phoenix area. The city has great public transit and hiking opportunities, and is home to Arizona State University. For nightlife, head over to Scottsdale to check out hotspots like Drift and Merc Bar.
  • Pittsburgh, PA is a sports town with professional teams like the Steelers, Penguins and Pirates. These teams are akin to religion in Pittsburgh, making any restaurant or sports bar a fun place to be during games. Want a night on the town? Visit South Side or Station Square to find the best bars and clubs. If you love the outdoors, then visit Pittsburgh's Mount Washington to enjoy the breathtaking views of the city, or take a stroll across one of the many bridges in the city.

These markets are also located in states that appeal to Millennials considering an interstate move. According to a recent survey[viii], the most common state-to-state moves in 2010 were: California to Texas; New York to Florida; Florida to Georgia; California to Arizona; and New Jersey to Pennsylvania.

"Moving is one of the top three most stressful events in most people's lives, especially for first time movers without experience," said Tricia Smith, vice president at Moving.com.  "At Moving.com, we want to help people by simplifying the relocation process and providing connections to professional service providers that are easy to find and access. Moving.com's wide array of tools make moving across town or across country more pleasant, allowing you to focus on the exciting time ahead."

To help Millennials get themselves ready for their first big move, Smith recommends these three moving tips from the experts at Moving.com:

  1. Be strategic about packing. If you have a long lead time before you move, start planning early by completing a change of address form, scheduling utilities, and packing non-essential items early. Donate items to charity that won't be making the move with you. Once you swing into "full packing mode," group boxes by room to prepare for a smooth unpacking process. Pack the things you use on a daily basis last.
  2. Take pictures of electronic hook-ups. For those who aren't electronic experts, take pictures of the hook-ups behind the TV to save any confusion when you put them back together at your new home. Print the photos out and label them in detail and make sure to keep track of the wires, as they are easy-to-lose items on moving day.
  3. Keep track of small parts. Much like you should put your electronic wires in plastic baggies, also do this with screws and washers for items that have to be broken down when moving. While taping them to the furniture can result in a loss in transition, keeping the baggies labeled and organized in one box will help to order the chaos.

For more tips or to Find a Mover, storage resources or information and tips for a successful move, visit: http://www.moving.com/.

About Moving.com

Moving.com is operated by Move, Inc., (NASDAQ: MOVE), the leader in online real estate. Since 1999 Moving.com has been the recognized online leader of providing easy-to-use and effective resources and tools to help with local, long distance, and international moving needs. Moving.com's network of moving companies, storage facilities, and truck rental providers is the most trusted in the industry, a result of its Commitment to Quality which requires all member companies to be properly licensed and insured. Moving.com connect site users with a network of moving service providers, providing up to six free "no obligation" quotes from qualified professionals looking to compete for their business.

About MOVE, Inc.

Move, Inc. (NASDAQ:MOVE), the leader in online real estate, operates: Move.com, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com®, the official website of the National Association of REALTORS®; MortgageMatch.com, Moving.com; SeniorHousingNet; ListHub; SocialBios; and TOP PRODUCER Systems. Move, Inc. is based in Campbell, California.

This press release may contain forward-looking statements, including information about management's view of Move's future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995.  These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Move, its subsidiaries, divisions and concepts to be materially different than those expressed or implied in such statements.  These risk factors and others are included from time to time in documents Move files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks.  Other unknown or unpredictable factors also could have material adverse effects on Move's future results.  The forward-looking statements included in this press release are made only as of the date hereof. Move cannot guarantee future results, levels of activity, performance or achievements.  Accordingly, you should not place undue reliance on these forward-looking statements.  Finally, Move expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.

[i] young adults between the ages of 18 and 29
[ii] http://www.census.gov/prod/2011pubs/p20-565.pdf 
[iii] http://www.bls.gov/news.release/metro.t01.htm 
[iv] http://rentbits.com/rb/t/browse 
[v] http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx 
[vi] http://www.visittallahassee.com/about-tallahassee/fast-facts/ 
[vii] http://www.visitathensga.com/ 
[viii] http://www.census.gov/newsroom/releases/archives/mobility_of_the_population/cb11-193.html

SOURCE Move, Inc.

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