Thursday, March 27, 2008

Nobody Left California in 2007, Either.

Last year I wrote on the United Van Lines 2006 report, which stated that there was little to no change in California’s population. United Van Lines, the largest household moving company in the United States, released its 2007 annual report on US Migration earlier this month. California's statistics for 2007 came out the same.

The company report on moves across the nation in 2007 stated that North Carolina was the top state for inbound residents for the second year in a row. Nevada also kept its second place slot. The top states for inbound traffic were in the South and the West, the company reports, including Alabama, South Carolina, West Virginia, Oregon, Arizona and Wyoming. Biggest population loser? Detroit, Michigan.

California saw its lowest annual exodus of residents for the 5th straight year. Considering the recent mortgage crisis, record sales declines, and high foreclosure rates in various communities throughout the state, it seems that quite a few people are still staying put.

Interestingly, today the San Francisco Chronicle also released details from the Census Bureau’s 2007 report on how Americans have moved, and noted that Texas (Houston, Dallas, Austin & San Antonio) and Georgia (Atlanta) were the top two states for incoming residents. Both the Chron and United Vanlines reports confirmed that the Southern and Western regions saw the biggest jump in population.

And a bright note… also coming from both reports: New Orleans saw its first year of increased inbound migration since Hurricane Katrina.

Are you ready to buy or sell your home? Contact me today.
Amy Blakeley, REALTOR®
McGuire Real Estate
www.AmyBlakeley.com
ablakeley at mcguire.com

2 comments:

Milan Cole - Portland Real Estate said...

Good stuff. It seems natural that with our aging population want to move to warm climates where housing is affordable.

Richard Stabile said...

It is my understanding that California is loosing population to the surrounding states. the condition for this will probably start to change with more home affordability now.