WASHINGTON – March 31, 2016 – 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.
"This 20th century movement west, which has dominated American demographic patterns for decades, may now be reversing itself in the 21st century as rising housing costs, stagnant job creation, restrictive land-use laws and no-tax states pull Californians, Midwesterners and Northeasterners eastward and southward to less costly regions and more business-friendly states in the Sun Belt," RealtyTrac's report notes.
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.
During the Great Recession, populations in the Sun Belt saw a decline, but now analysts are saying there's a renewed "Snow Belt-to-Sun Belt migration pattern," says William H. Frey, a demographer and senior fellow at The Brookings Institution in Washington, D.C.
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).
My name is Stephanie Albright and I specialize in helping buyers and sellers invest in real estate in South Florida, Treasure Coast and the Palm Beaches. I have 15 years of experience in the real estate industry which allows me to bring tools and solutions that exceed the expectations of my clients. I currently hold real estate licenses in Florida and Tennessee.
I am pleased to say that I educate myself on an ongoing basis to learn everything new about my business. The real estate business changes quickly, so I’m dedicated to being an expert in my field. I have designations such as, Short Sale Foreclosure Resource, (SFR) and I’m a graduate of the Graduate Realtor Institute (GRI). I’ve also been an Exit franchise owner and managing broker. I take my business very serious, so I’m able to share my knowledge with my valued clients. I love my affiliation with an awesome company like Exit Realty, and Exit has the best tools and support, in the business. If you are considering listing your property in West Palm Beach, Wellington, Lake Worth, North Palm Beach, Boynton Beach, Palm Beach Gardens, or Loxahatchee; ask me about my latest internet marketing systems, strategies and websites. My website is: http://www.WPBareahomesearch.com. I would love the opportunity to earn your business and look forward to partnering with you to buy or sell your home.
We are a full service real estate brokerage with over 100 agents to serve you. Let us be your real estate resource. Regardless whether you need to buy or sell now, or sometime in the future, let us help you. We are no pressure and will always try and help. Contact us at 561-792-3948 now.
"Margarita Zhemukhova very quickly found us the property we were looking for at a price we could afford. In working with her we found her to be always available to meet, very prompt in returning e-mails and phone calls (within minutes), pro-active in altering us to the next steps in closing and a pleasure to work with. I would definitely use her again and recommend her to anyone needing real estate services.