If you could live anywhere in the country, where would you move to?
Many people dream of big-city life in New York or Los Angeles. Others long for the majestic redwoods of Northern California or the wide open skies of Montana. But many can think of nothing that would be finer than to be in Carolina. (We’d have to agree with them.)
Your dream destination may take you toward a career or retire you from one. But your move, should you make it, influences greater trends in local and national real estate markets. Let’s take a quick look at what the 10 most popular “move to” states tell us about how life decisions affect real estate across the country.
United Van Lines 2017 United Movers Study
Since 1977, United Van Lines has tracked which states their customers are moving to and from, as well as their main reasons behind the move. “As the nation’s largest household goods mover, the data we collect is reflective of national migration trends,” says Melissa Sullivan, director of marketing communications at United Van Lines.
The company’s most current data reflects longer-term trends of movement to western and southern states. Job growth, temperate climates, and relatively lower housing costs are among the reasons people are migrating in these directions.
Check out the interactive map for the 2017 United Movers Study:
Results of the 2017 United Movers Study
There are several key takeaways from the 2017 United Movers Study.
North Carolina Ranks 8th for Inbound Movers
Vermont and Oregon are the most popular moving destinations of 2017 with 68% and 65% of moves being inbound, respectively. The Mountain West is the most attractive region as a whole for new residents (54% inbound). But Southern states, in general, saw more people moving in than out (52%), as well. North Carolina, South Carolina, and Alabama rank among the top states attracting new residents from out of state.
According to the study, 56% of all moves within the state of North Carolina are inbound. Moves into North Carolina are primarily for jobs (54.73%), retirement (21.06%), or family (19.67%). The largest demographic moving into NC are aged 55–64 (24.97%) and make more than $150,000 (35.56%).
Top 10 Inbound States of 2017:
- South Dakota
- South Carolina
- North Carolina
How does This Compare with WNC Data?
Each quarter, Beverly-Hanks shares insights gathered from hundreds of people who buy and sell real estate with us throughout the greater Asheville, Waynesville, and Hendersonville markets. While the data represents a portion of the total transactions, it’s proven valuable for gaining a deeper understanding of the trends shaping our local real estate markets.
According to the 2,167 responses to the Beverly-Hanks post questionnaire in 2017, WNC home buyers not already from North Carolina were most likely to come from Florida. South Carolina, California, Texas, and Georgia were also popular places from which buyers relocated.
For more information about the real estate trends in Western North Carolina, ask your real estate agent for a copy of the latest Beverly-Hanks Quarterly Market Report.
All real estate is local. In order to make confident real estate decisions, we believe it is important for you to have timely and neighborhood-specific information. If you would like more information about moving into North Carolina, our experts at Beverly-Hanks are here to help. Contact us today to speak with a Beverly-Hanks real estate agent about buying homes and land in Western North Carolina.
Was any of that data surprising? Share your thoughts with us in the comments.