Below is a report published in the Daily Real Estate News showing that Nevada is among the top five states Americans are moving to. But statistics in January show that single family home listing inventory, which usually increases about 10% after the December holiday season, has actually DECREASED an additional 10% in the Las Vegas market. This means many prospective buyers are unable to purchase property in a timely fashion to accommodate their move, and they are deciding to rent while pursuing their housing search. This has spiked rental rates in the Valley, making ownership of investment property here even more desirable.
Report: The States People Are Most Moving To, From
The place with the highest number of people moving in rather than leaving: Washington, D.C., according to a new report by the moving company United Van Lines.
“Corporations have been steadily expanding in Washington, as more companies -- especially defense contractors, banks, pharmaceuticals and health care providers -- open branch offices to be closer to the federal government, which is the source of much of their revenues,” CNNMoney reports about the study.
Here are the top five areas that had the highest number of people moving in last year, according to United’s study:
- Washington, D.C.
- North Carolina
- South Carolina
On the other hand, the states that had the highest number of people leaving -- that is, the most moves out -- are:
1. New Jersey
3. West Virginia
4. New York
5. New Mexico
Meanwhile, internationally, Germany was the top spot for Americans to move to abroad, followed by the United Kingdom. Many of the moves from the United States to Germany were U.S. military-related moves, according to United.
Of foreigners migrating to the United States, the most were likely to arrive from the United Kingdom, followed by Germany and Australia.
"[The] international migration study offers a unique perspective into what is happening with overall migration patterns to and from the U.S.," says Rich McClure, CEO of UniGroup Relocation, United's parent company. A majority of United’s international moves are corporate relocations.
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Berkshire Hathaway HomeServices, Nevada
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