RISMedia's Real Estate Magazine

MAR 2019

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

Issue link: http://remag.rismedia.com/i/1086125

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Page 86 of 126

82 March 2019 RISMedia's REAL ESTATE {Blog Spot} The annual study—now in its 42 nd iteration—tracks the state-to-state migration patterns of United Van Lines customers. The company found that, over the course of 2018, nearly 70 percent of moves in New Jersey were to other states. On the other end of the spectrum, Vermont had the most inbound moves out of all 50 states. Some 72.6 percent of moves in Vermont were to other locations within the state. The state is also a clear out - lier, as seven of the top 10 states with residents moving inbound are located in the West or the South. Here are those 10 states: 1. Vermont (72.6 percent) 2. Oregon (62.4 percent) 3. Idaho (62.4 percent) 4. Nevada (61.8 percent) 5. Arizona (60.2 percent) 6. South Carolina (59.9 percent) 7. Washington (58.8 percent) 8. North Carolina (57 percent) 9. South Dakota (57 percent) 10. Washington D.C. (56.7 percent) As mentioned, New Jersey and Illinois lead the nation in residents moving out-of-state at 66.8 and 65.9 percent, respectively. And Connecticut comes in a close third with 62 percent. Here are the states with the most outbound moves: 1. New Jersey (66.8 percent) 2. Illinois (65.9 percent) 3. Connecticut (62 percent) 4. New York (61.5 percent) 5. Kansas (58.7 percent) 6. Ohio (56.5 percent) 7. Massachusetts (55.7 percent) 8. Iowa (55.5 percent) 9. Montana (55 percent) 10. Michigan (55 percent) "The data collected by United Van Lines aligns with longer-term migra - tion patterns to Southern and West- ern states, trends driven by factors like job growth, lower costs of liv - ing, state budgetary challenges and more temperate climates," says Michael Stoll, economist and pro - fessor in the Department of Public Policy at the University of California, Los Angeles. Also, the study revealed that peo - ple are most often moving because of a new job opportunity or due to retirement, which may be a key in - dicator as to why so many folks are relocating to warmer states in the West and South. RE To view United Van Lines' entire study, as well as an interactive map, visit https://www.unitedvanlines. com/contact-united/news/movers-study-2018. This article originally appeared on RISMedia's blog, Housecall. Visit us at blog.rismedia.com. Jameson Doris is RISMedia's blog/social media editor. Study: Northeast and Midwest Lead Nation in Residents Moving Out by Jameson Doris A re you thinking of moving out-of-state? If you answered "yes," there's a good chance you live in the Northeast or Midwest. According to a national study conducted by United Van Lines, nine of the top 10 states with residents moving to other states are located in those regions, with New Jersey and Illinois taking the top two spots.

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