At the nadir of the “Great Recession” of 2007, nearly eight million American jobs were lost. In November 2011, the U.S. Census Bureau reported that the “mover rate” fell to a record of of 11.6% between 2010-2011. This represented the lowest moving rate since 1948, and more than an 8.5% decline since 1985.
The effects of the recession, which are still being felt today, were so wide-spread that every American was affected in some way. Of course, the extent to which the recession impacted individuals and families depended upon a variety of factors, such as industry, education, career choice, and location. When Americans find themselves searching for the ideal home communities, each of these factors plays a crucial role in their decisions.
For people who are looking for luxury living in the Southwest, a recent e