By Lance Lambert | Realtor.com
Whatever happened to American wanderlust? Manifest destiny? Hitting the road?
The fact is, Americans are less likely to pack up their belongings and relocate now than at any point in recorded history: Only about 11% moved to new homes last year, the lowest rate recorded since the government started keeping track 70 years ago. This includes a drop in the number of folks moving to new homes in the same state, as well as those moving across state lines.
Why are more people staying put? Part of it is due to the torrent of millennials, with their mountains of debt and shifting job prospects.