Washington is a Top Destination for Buyers

by NWREporter January 2015

Washington was a popular destination for relocating families during 2014, according to a study by Allied Van Lines, one of the world’s largest moving companies.

The Evergreen State landed in 6th on Allied’s ranking of Most Inbound States. Texas retained top spot for the 10th consecutive year. Rounding out the top five were Florida (2nd), Arizona (3rd), South Carolina (4th), and Colorado (5th).

The company uses internal data to track U.S. migration patterns. Net relocation gains are based on the difference between inbound moves and outbound moves performed by Allied Van Lines,

Texas’ net relocation gain of 1,973 families in 2014 is calculated by the difference between inbound moves and outbound moves performed by Allied Van Lines.

Allied classified Washington as a “Big Mover” state, moving from the 19th outbound to 6th inbound.

“Other than a few big changes, most states remained relatively stable,” said Lesli Bertoli, general manager and vice president of Allied Van Lines. “While we’ve seen an increase in the number of moves overall, trends demonstrate a heavy movement toward warm-weather, retirement-friendly states.”

The states with the biggest drops in magnet status include Minnesota, moving from 22nd most outbound to 11th outbound, and both Arkansas and Delaware, which each dropped eight positions.

Allied handled 73,000 moves in North America during 2014, which was the largest number it reported since the start of the recession in 2008.

Buyers are coming…now what?

People are like bees looking for pollen – they go where the jobs are. With Washington State leading the way as one of the nation’s top job creators, it should be no surprise that the Northwest is drawing more and more new residents.  As they arrive looking for jobs, one of their first priorities is to find housing.  Some rent as a first option; but once they are settled into the area, their thoughts turn to buying.

This creates increasing pressure on the already limited supply of available homes for sale.  If you’ve been thinking about selling your home, new listings are often receiving multiple offers, driving up the value of your property.  Please call us for a Free Price Evaluation of what your home is worth in today’s hot housing market. It may be worth more than you think!

 

The Rodocker Group
206-914-7252 Mobile
Philr@johnlscott.com
About Phillip Rodocker