A rising number of Americans are heading to southern states, lured by a combination of warmer weather, affordable housing, lower taxes and less congested cities, according to a new report published by RealtyTrac called "The Next Great Migration of 'Housing Refugees' On the Move." New census data confirm the findings. Since 2014 alone, more than 1.4 million people have moved to the Sun Belt, mostly from the Northeast and Midwest, according to Census Bureau data. That marks a stark difference to previous mobility trends. For more than a century, Americans predominantly headed west to cities such as Los Angeles, San Francisco, San Diego and Seattle. But lately, that migration trend is taking a turn south.
Americans are fleeing pricey coastal states like California and New York and heading to states considered more affordable, such as Texas, Florida, and the Carolinas, according to a recent United Van Lines report. Florida is especially feeling a heat wave of new residents. For the first time in nearly a decade, Florida added more people than California between July 2014 and July 2015, according to Census Bureau data. That helped Florida emerge as the third most populous U.S. state, jumping ahead of New York (and following California and Texas).
This information was taken from a recent article published by RealtyTrac.
Warmest Regards,
Kevin Aizenshtat
Realtor