Research Reports
Explore data-driven research on real estate, housing, self storage, moving trends and economic forces shaping today’s markets.
The South Soars As A Net Migration Magnet: Florida, Texas & North Carolina Lead The Pack As Top Moving Destinations
Relocating to a neighboring town for an extra bedroom doesn’t seem to cut it anymore for many Americans. Whether seeking better jobs, friendlier housing markets or more bang for the buck in general, an increasing number of people are taking the longer route to their new homes.
Top 10 States For Millennials On The Move: Texas, Georgia, And Florida Score Highest For Young Professionals Seeking A Fresh Start
Whether it’s better employment opportunities, convenient housing prices or neighborly communities, Americans are crossing state lines in search of a better home. As a matter of fact, state-to-state moving reached an all-time high in 2022, with an impressive 8.2 million Americans relocating to another state. About 34% of those hitting the road were millennials, the largest moving generation in the U.S. That translates to 2.8 million people in the 24 to 39 age bracket seeking a new residence in another state.
US Home Prices Are Soaring: Which States Are Leading in Housing Appreciation?
Over the last five years, the U.S. housing market has been on quite a ride, with home prices jumping a whopping 48% from 2017 to 2022, according to our review of U.S. Census data. But it’s not the same story everywhere. The biggest jumps in home prices? They’re happening in states where more and more people are moving in.
Celebrity Real Estate Embraces Minimalism: The A-Listers Who Favor Smaller Spaces Over Glitzy Mansions
It’s hard to picture the big stars of modern times living like the rest of us mere mortals in 2,300-square-foot homes. And for good, fact-based reason. According to our research of 131 homes owned by the crème de la crème of pop culture stars (by net worth), the average size of celebrity real estate is 10,243 square feet, roughly the same square footage enjoyed by the first family’s quarters in the White House. The largest celeb home amasses a mind-boggling 38,000 square feet, nearly six times larger than Warren Buffet’s Omaha residence.
Where Are Gen Xers Heading? Top 10 States For Starting A New Chapter
As Gen Xers see their children off to college, an intriguing pattern emerges: They are moving to new states that align more closely with their late-career prospects and slowly setting themselves up for a comfortable retirement.
From Hot Suburban Communities To Self Storage Development, Orlando Is Recognized In Multiple Areas In 2023
Orlando, known as the vibrant heart of the Sunshine State, had quite a noteworthy year in 2023 in several aspects. The greater Orlando area boasts a unique blend of attractions, which helped it get ahead of many other urban hubs in Florida and across the United States.
Burlington Leads Massachusetts For Suburban Havens With An Urban Vibe
Renowned for its rich history, cultural diversity and vibrant cities, Massachusetts provides a great setting for young professionals and families alike. Boston is hard to rival in terms of job opportunities and entertainment, while Worchester, the state’s second-largest city, impresses with its diverse cultural scene and affordable cost of living. But one thing big urban hubs are short on is living space. The average size of an apartment in Boston is 800 square feet whereas houses hover around 1,810 square feet on average, some of the smallest in the nation. Additionally, with almost a quarter of the state’s residents working from home, many of whom may place a higher value on living space, it’s not surprising to see so much interest in the suburbs. Having a dedicated room for a home office or a nice garden to relax in after work makes a world of difference.
Which States Are People Moving To? Led By Idaho, Mountain West States Outpace The Rest In Newcomers Per Capita
Migration patterns have shifted significantly in recent years, with Americans losing some of their appetite for moving. However, while migration rates are down overall, state-to-state migration has taken off. In fact, both 2021 and 2022 witnessed increased interstate moving activity compared to the rest of the decade. Roughly 7.9 million people jumped on the bandwagon to move to another state in 2021, and 2022 set a record with 8.2 million interstate movers.
8 Things To Consider Before Moving To Texas From California, From Housing And Jobs To Local Atmosphere
Texas seems to have been the talk of the town lately. The local economy is booming, with a 3% GDP growth rate in the first quarter of 2023, performing better than the nation as a whole for the fourth quarter in a row. All the state’s major cities manage to combine vibrant job markets with quality housing and rich entertainment scenes. It may come as no surprise, then, that in-migration is flying high with the local population now passing the 30 million threshold.
How Much Do Homes Cost In The Best 100 Suburbs In America?
American suburbia has come a long way since its lackluster days, evolving into vibrant communities that can rival bustling urban centers. In addition to offering larger homes, safe streets and access to quality education, many suburbs now also host cultural events, concerts and fine dining restaurants, as well as a growing job market, which is in turn fueling retail development and diversification.