The New Hot Spots Where Americans Are Moving Right Now
In a study done by realtor.com to mark the start of the summer relocation tradition, domestic migration showed some interesting patterns. The data was taken from Census Bureau migration data from 2009 to 2013, move requests from moving.com®, and search traffic on realtor.com®. Gross numbers indicated that San Antonio (fourth in the nation) has actually become a hotter market than Austin (fifth in the nation), falling behind Tampa, FL, Jacksonville, FL, and Charlotte, NC. In the top ten list of cities with the highest population gain, Austin has the lowest unemployment rate 3.1% and the second highest median home price at $399,000 falling slightly below the number ten spot, Portland, OR, at $416,300.
The study also followed large cities losing population with the top two spots going to New York City and Chicago, followed by the notoriously expensive California cities of San Jose, Los Angeles, and San Francisco.
Most interesting of the three studies, the top destinations of Millennials was tracked with San Antonio – yes, our own San Antonio, Texas! – claiming the top destination in the entire United States for Millenials. Austin has fallen to the ninth hottest destination for this age group. Notably, Florida cities (Jacksonville, Tampa, Miami, Orlando) took spots two through five, respectively.
We are ramping up to do huge things in Austin and San Antonio. The timing and trajectory could not be better. Please reach out if you have any questions or comments.
– Jake Hallahan