Migration Patterns Emerge as Buyers Cross State Lines
Source: https://magazine.realtor/daily-news/2018/07/24/migration-patterns-emerge-as-buyers-cross-state-lines?tp=i-H43-Bb-2Rj-43JTS-1p-ClFp-1c-43Odh-14CoF8&om_rid=59895190&Om_ntype=RMOdaily&om_mid=9407
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Many people are moving across state boundaries and migration patterns are growing fairly common in some areas. For example, those who leave California are most likely to move to Texas. In the past five years, an average of more than 25,000 people left California for Texas, likely drawn to the booming tech industries and lower housing costs, according to a new analysis of census data from Porch, a home improvement resource.
Many people who left New York, New Jersey, Pennsylvania, and Michigan were headed to Florida. However, Washington, D.C., North Dakota, and Wyoming saw the highest influx of residents moving in from other states, according to the analysis. Alaska saw the most residents moving away.
Relocating most often appeals to young employees, as the study found millennials were the highest percentage of people crossing state borders.
© Porch.com
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