A new survey of parents reveals that despite the common perception that parents dislike their in-laws, a high number of them are moving close to their extended family.
According to Coldwell Banker Real Estate
, 72 percent of homeowners who are parents chose to live within about 30 minutes of their relatives, and 42 percent responded that they were moving to within 10 minutes of them.
In addition, nearly two-thirds of parents - 65 percent - said that they had planned a relocation
around the birth of their first child, and either moved into a new home before getting pregnant, or before their child was one year old.
"Not only are parents planning ahead when it comes to buying a home, they are very excited to live near relatives who will help along the way," said Diann Patton, a Coldwell Banker real estate consumer specialist.
Data from the U.S. Census Bureau also found that family was a major moving concern. More than 26 percent of people cited family concerns as their main reason for moving, which was significantly higher than the 18 percent who cited a job as their reason for moving.