Global Services

Whether your employees are heading across the country or crossing continents, Sirva has the on-the-ground international relocation services you need. From Canada to Australia and everywhere in between, we understand the nuances across each region . 

We provide offerings to satisfy your unique needs, whether selling a home in the U.S., managing a cross-country household goods move, or helping employees to get settled into their new homes in Europe. Our global experience means that you can count on seamless international relocation, no matter what’s next.

Departure Services

From the initial policy consulting call through the move itself, there are a lot of moving pieces associated with employee relocation. Whether planning a domestic or international relocation, SIRVA is expertly positioned to offer the best departure services available during a relocation in every region around the world.

Destination Services

Setting your employees up for success upon arrival at their new locations will be key to successfully meeting your company’s goals. SIRVA’s global network and expansive resources allow us to you achieve your goals. Our destination services and international movers help employees and their families settle in and prosper in their new homes.

Visa and Immigration

SIRVA’s team of experienced international relocation specialists are expertly equipped to manage inbound and outbound global immigration services. With SIRVA’s Immigration team, the focus is on providing a smooth customer experience that enhances the relocation process, not just achieving a successful application.

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Employee Counselling

For your employees, a single relocation professional assists with end-to-end coordination of services: a relocation consultant for domestic/intra-country moves or global assignment consultant for international relocation. These consultants are your employees’ resource for all communication and services relating to their move, and coordinate the delivery of all authorised services. Regardless of the service being delivered (temporary housing, moving services, etc.), the employee can rely on the consultant as their go-to resource to address any concerns. 

VIP Services

If you are searching for an enhanced service for your employees, SIRVA offers VIP services such as personal relocation assistants, in-home cleaning services, personalised family assistance, and many other tailored and luxury enhancements. 

Related Services

Interested in learning more about our global services?

We would be happy to answer any questions you may have.

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Addressing Affordability Concerns in Today’s US Real Estate Market

  • by Daina Mueller
  • 25 July 2022 00:15:00

Home values continue to rise in the USA, inventory remains at an all-time low, and mortgage interest rates are increasing at a pace we haven’t seen since the 1980s. Unfortunately, rising mortgage payments are eroding purchasing power for buyers and causing affordability concerns for many home buyers. Are your relocating employees struggling to afford purchasing their new home?

Home Values Continue to Skyrocket

 According to CoreLogic, year-over-year home prices increased nationwide by 20.2% in May. Many different factors have contributed to increased home prices, including:
  • Low inventory has been a concern in recent years and was exacerbated during the COVID-19 pandemic. In January 2022, inventory levels were at the lowest point in recent history.
  • Record low interest rates during the pandemic encouraged buyers to enter the market, leading to increased competition and bidding wars. 
  • Interest from investors and private equity firms added to the demand. According to Redfin, during the fourth quarter of 2021, investors bought a record high of 18.4% of homes. Investors will typically pay cash and bid higher than asking price as they don’t require an appraisal, making their offers more attractive to sellers. For investors, purchasing residential real estate is their business and they have a lot of experience, putting homebuyers at a competitive disadvantage.
  • Interest in second homes increased significantly in mid-2020, as many people took advantage of remote work and low mortgage interest rates to seek other locations and invest in vacation destinations.

Rising Home Prices

A few market examples from CoreLogic’s May Home Price Index show an increase year over year in:

Affordability Concerns 

Interest Rates on the Increase

After a stretch of historically low rates, home buyers are now challenged with rising interest rates. The interest rate on a 30-year fixed mortgage has increased two and a quarter percentage points from just one year ago, levels not seen since 2009. In an effort to combat the impact of inflation, the US Federal Reserve has increased the federal funds rate three times this year and has announced plans for further increases in 2022. 

With both purchase price and interest rates increasing, the scenario below illustrates that a buyer purchasing the same home 12 months ago would be paying just over $650 more in principal and interest payments today.


May 2021

May 2022

Purchase Price (with 20% down)



30-year Fixed rate



Principal & Interest Payment (per month)




Adding to the challenge of affordability, income has not kept up with the increase in home values. Bloomberg reported in March that across all income levels, just 18% of consumers said that their wages were keeping pace with the higher cost of living.  Costs associated for items needed once in a new home have also increased due to inflation such as window treatments, furniture and lawn mowers. The consumer price index, a measure of prices for goods and services, accelerated 8.6% in May from a year ago and near the highest level in more than 40 years. (CNBC)

Rental Prices are also Climbing

Unfortunately, it is not just home prices that are rising. Rental prices are also rising steeply with indicating median rents in the 50 largest US metro areas reaching an all-time high and rising 17% in the past year. A recent Zillow report found that a one-year lease would cost around $3,400 more than the same lease two years ago. The rapid rise in rental costs is leading more renters to explore their home ownership options. We will explore rental challenges in a future blog post.

How Organisations Can Assist Employees

Although affordability challenges aren’t expected to go away any time soon, CoreLogic is projecting annual home price gains to slow to 5.0% by next May. While rising interest rates and high home prices will continue to affect affordability for home buyers, there are a few approaches that employers can pursue to support their relocating employees in navigating this challenging market, including:

  • Partner with experts. Experienced real estate agents who are familiar with local markets and relocation can help your employees find a home and submit a competitive offer.
  • Plan ahead. Encourage your employees to get pre-approved early so they have a solid understanding of their finances and what they can afford. A strong pre-approval letter will also likely be required by the seller when submitting an offer.
  • Provide additional support. Consider extending benefits to allow for additional time for your employees to find their dream home. Multiple bids are common, and your employees may end up submitting offers on several properties before one is accepted.  For high-cost areas, a Mortgage Payment Differential programme helps ease the transferee into a higher payment by using a pre-determined benefit to supplement the mortgage payment for a period of time.


Whatever the financing needs of your transferees may be, SIRVA Mortgage is here to help. With 30 years of focus and expertise in relocation mortgage lending, we understand the important role home financing plays in the relocation process. Please visit our mortgage website to learn more, or contact us, at


SIRVA Mortgage, Inc. (NMLS Unique Identifier# 2240)is engaged in the business of originating residential mortgage loans. We are licensed or authorised to conduct mortgage loan origination in all 50 US states plus the District of Columbia.  SIRVA Mortgage is not a depository institution and does not act as or represent itself a full-service bank.  Reference to the term “mortgage banker” is a common, accepted industry term referring to companies engaged only in the business of making mortgage loans.  Various state laws and regulations and our individual licence in various states refer to us as a mortgage lender, mortgage banker or mortgage broker. For our Privacy Policy and Affiliated business relationships please visit Call 800-531-3837 for more information. SIRVA Mortgage, Inc. is licensed by (amongst others): Arizona Licensed Mortgage Banker, Licence #BK-901430; Licensed by the  Department Corporations under the California Residential Mortgage Lending Act, Lender Licence #413-0944; Georgia Residential Mortgage Licensee #6221; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company, Licence # SL.0000368; Massachusetts Mortgage Lender, Licence #ML1341; Licensed by the Mississippi Department of Banking and Consumer Finance, Mississippi Licensed Mortgage Company #369/2009; Missouri Residential Mortgage Licensee; Montana Mortgage Lender Licence #39706, Licensed by the New Hampshire Banking Department; Licensed by the New Jersey Department of Banking and Insurance; New York Licensed Mortgage Banker by the N.Y. State Banking Department; Ohio Mortgage Broker Licence #MB.803887.000; Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; Texas Mortgage Lender, Licence # 44605; Licensed as a Mortgage Lender by the Virginia State Corporation Commission, licence #MC-310. This is not an offer of credit or an offer to enter an interest rate lock-in agreement nor is this notice of loan approval. Main Office of SIRVA Mortgage, Inc.; 6200 Oak Tree Blvd., Ste 300, Independence, OH  44131; Telephone: 1-800-531-3837.


Contributor: Cheryl Pfaffenberger, Director Client Services, SIRVA Mortgage

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