Study finds Oregon number two in U.S. for inbound moves

Study finds Oregon number two in U.S. for inbound moves

Among the reasons people are moving to Oregon, the United Van Lines study broke out "Family" and "Lifestyle" as reasons for the state's popularity.
Author: Associated Press, KGW Staff
Published: 10:49 AM PST January 2, 2019
Updated: 11:23 PM PST January 2, 2019

Oregon had the second highest move-in percentage of all states, according to a study released Wednesday by United Van Lines.

Vermont's population, among the smallest in the U.S., had the highest move-in percentage of all states.

The suburban St. Louis-based moving company on Wednesday released its 42nd annual National Movers Study, which tracks customers' state-to-state migration patterns.Vermont has the second-smallest population among states, exceeding only Wyoming. Yet Vermont saw the highest percentage of inbound moves in 2018.

In addition to Oregon, three other western states filled out the top 5: Idaho, Nevada and Arizona.

Among the reasons people are moving to Oregon, the company broke out "Family" and "Lifestyle" as reasons for the state's popularity.

More retirees moved out of Oregon last year than moved to the state, the study noted. The Mountain West states were popular choices for retirees.

New Jersey had highest percentage of outbound moves, followed by Illinois, Connecticut, New York and Kansas.

Source: https://www.kgw.com/article/money/study-finds-oregon-number-two-in-us-for-inbound-moves/283-3ad4ee2f-176a-4e23-8301-ebf564ea72cf

Popular posts from this blog

Millennials Prefer Single-Family Homes Too

Millennials Prefer Single-Family Homes Too DAILY REAL ESTATE NEWS | MONDAY, JULY 06, 2015 A growing body of research is discrediting what was previously assumed about millennials' taste for real estate. Many housing analysts said this generation of young adults preferred small, urban walkable corridors, but recent studies are revealing a different preference.  Millennials, just like previous generations, are showing a strong preference for single-family homes, according to a new Housing Insights report released by Fannie Mae's Economic & Strategic Research Group.  Researchers examined the rates at which young households are occupying single-family homes today and also compared it to young adults' preferences prior to the housing crash.  "The analysis reveals that the likelihood of a millennial household occupying a single-family home today is down somewhat from that of young adults at the peak of the housing boom, but is no different than it was for...
Read more

Loan Demand Takes Sudden Leap From Home Buyers

Image
Loan Demand Takes Sudden Leap From Home Buyers July 11, 2018 © REALTOR® Magazine The number of homes for sale is growing in some markets and that may be the main factor behind the latest rise in mortgage applications, economists say. Mortgage applications for both home purchases and refinancings increased 2.5 percent last week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. The rise was fueled entirely by an uptick in home purchase applications. Mortgage applications for home purchases surged 7 percent in the week and are now 8 percent higher than a year ago, the MBA reports. Abounding housing shortages have mostly kept a lid on any notable increases in home sales this summer, but that gradually may be changing. “Even though inventories continue to decline, they are doing so at a slower pace,” says Danielle Hale, chief economist at realtor.com®. “In other words, while buyers continue to see fewer homes available for ...
Read more

10 Fastest Appreciating Housing Markets in the U.S.

10 Fastest Appreciating Housing Markets in the U.S. Residential home prices are set to appreciate at 4.4 percent nationally, over the next 12 months, according to  Veros Real Estate Solutions'  (Veros) VeroFORECAST that was released on Tuesday. However, housing markets out West are likely to see a much faster appreciation that the rest of the country, the forecast predicted. The latest quarterly forecast covers the 12 months from June 1, 2018, to June 1, 2019, and integrates data from 1,005 counties, 354 metropolitan statistical areas (MSAs), and 13,877 ZIP codes covering 82 percent of the U.S. population. The forecast for Q2 2018 projected that the 10 highest-appreciating markets were concentrated in five states in the West. The forecast also found ten markets that were projected to see a slight depreciation in home values over the next 12 months. All these markets were in the East and South, Veros said. “Washington State and Nevada occupy six of the ten highest-appre...
Read more