You can place free-form text anywhere in the modeling area.
Procedure
Click the free-form text and hold down the mouse button.
Drag the free-form text to the position where you want to place it.
Release the mouse button.
The free-form text is placed at the new position.
Tip
You can also move selected free-form text using the keyboard:
Use the Shift key and the arrow keys to move it by increments of one gridline.
Use the Ctrl key and the arrow keys to move it regardless of the grid.
Use the Alt key and the arrow keys to move it by increments of four gridlines.