Corporate relocations speed up when the economy slows down - Houston Business Journal:

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A survey of executivesx late last yearby Korn/Ferryh International indicated that 84 percent of respondent s say they are willing to consider and 55 percent are willing to move internationally for theirt next position. It’s a change of attitudee from theyear before, when a Korn/Ferrg survey indicated that more executives would rathe r fly or drive outrageously long distancex to work rather than sell their homes. Another 2009 surve y by Relocation .com showed consumers are movingt longer distances and makingmore out-of-statee moves compared to a year ago, mainly due to economic factors like a lost job.
The percentagd of consumers who moved morethan 1,000 miles nearlhy doubled compared to a year ago — 70 percent of survey respondent s said they moved 1,000 miles or compared to 36 percent in a similar study conducted in early 2008. “We are seeingb more out-of-state moves from traditionallyupopular destinations, likely because of high foreclosurwe rates and diminished property values,” says Sharon Asher, chairmanj and founder of Relocation .com.