People are moving into and out of these states.....

[David Krulac]

according to United Van Lines:

Biggest inbound states:

OR

SC

NC

VT

FL

NV

TX

DC

OK

ID

Biggest Outbound states:

NJ

NY

IL

ND

OH

KS

NM

PA

CT

Most balanced states with same in as out bound:

RI

NH

WY

TN

CA

WA

H0w does that affect your real estate investing?

[Tiffany Plovie]

@David Krulac 

Interesting stats! It would be necessary to take a closer look at each independent economy to determine the how and why of what is causing the population growth, migration or 'stability' before determining where to invest and the best strategy for that market.

In Washington State, we have seen a large shift of SF Bay Area companies relocating to our area. However, this growth is centered in the metro areas while a majority of the state remains unaffected and untouched. What I do see happening is long-term residents being priced out of their market area. One of the factors that influenced the relocation of Bay Area companies was the comparative affordability of Seattle. As a result, there has been a sudden influx of individuals making healthy salaries that price the average worker out of the area, thus pushing other residents out of the state. If you combine these numbers with the average people who relocate in any given year, I can understand why our state shows balanced growth. However, I highly doubt that is indicative of our average household income, especially in the Seattle Area.

Is Seattle a good area to invest in? Yes. Would it be an appreciation play? Most definitely. However, I would look elsewhere for fast cash.

It will be interesting to see what others say about this data!