Tag Archives: Domestic Migration

With more than 338,000 retiring and moving in 2023, could this number move higher in 2024?

It should be no surprise that renters in California and New York were the most likely to move cities and states, looking for more affordable accommodations that still allowed them to telecommute to work.

"Growth in the Palm Bay-Melbourne area has been increasing at an explosive rate," stated Cal Conner, U-Haul Company of Eastern Florida President. “Add to that our fantastic year-round climate, and you can see why Palm Bay-Melbourne is such a desirable area to live."

United Van Lines has released the latest iteration of their annual National Movers Study, which uses internal data based on multiple thousands of moves to determine inbound hotspots and outbound migration patterns.

For the first time, Spokane is a migration hotspot for people still chasing affordability as the pandemic boom of people moving may be at its end according to Redfin.

Southern states populations soared in 2023, accounting for much of the domestic migration in 2023 with Florida, North Carolina, and Texas being key hotspots.

Atlas Van Lines, a national residential moving company, has released their year-end annual report using internal data to determine larger migrations patterns.

A new report from Redfin that tracks the migration patterns of American citizens found that Nashville is ripe for inbound migrations due to changing tastes, reasonable home prices, low property taxes, and no state income tax.

While the national population growth rate plummeted during the pandemic, the latest State of the Nation’s Housing report from the Joint Center for Housing Studies revealed migration and immigration were the key source of growth in 2022, as domestic migration was the largest source of growth in 56% of the counties analyzed.

Selma Hepp, Chief Economist for CoreLogic, said, “Elevated mortgage rates and high home prices are putting pressure on potential buyers. These dynamics are cooling recent month-over-month home price growth.”