Survey Finds Texas is the Most Popular Destination for Relocating Americans
Posted by Crystal Olenbush on Thursday, May 5th, 2011 at 6:27pm.
A recent survey conducted by Relocation.com found that a growing number of Americans are deciding to make the move to Texas. In fact, Texas knocked California out of the top position in terms of the most popular places for Americans to move to. In all, the Website found that the number of people who were interested in moving to Texas jumped by 50 percent when comparing the results of the survey taken in February 2011 to June 2010.
In order to come to these conclusions, Relocation.com surveyed a total of 1,000 people as part of an ongoing survey process that started in March 2009. According to officials from the Website, there are several reasons why Texas has become a popular option for Americans who are interested in moving. The two biggest reasons, however, are the stable real estate prices found throughout the state and the relatively low unemployment rate when compared to the rest of the nation. In fact, while the national unemployment rate hovers at more than 9 percent, it is just 8.5 percent in Texas. In Austin, things look even better with an unemployment rate of 6.9 percent.
Interestingly, the survey found that fewer Americans were choosing to move because they were facing a foreclosure on their homes. On the other hand, approximately four percent of those who were surveyed said they were able to purchase their first homes because of the drops in real estate prices that have been seen around the country. Ten percent of the survey participants said they were moving because they wanted to move to a more desirable neighborhood or because they were interested in purchasing a bigger home.
The top five states for those who were relocating were:
• North Carolina
14 Responses to "Survey Finds Texas is the Most Popular Destination for Relocating Americans"
Posted on Wednesday, May 11th, 2011 at 2:28pm.
Posted on Thursday, May 12th, 2011 at 11:54pm.
As much as I enjoy learning about real estate in other areas of the world, I am always grateful that I live in Austin. (Well, the TX Hill Country) We get so much more 'bang for the buck' when we buy property.. but it's really more than that. Everything about Austin is cool.. the friendly people, the food.. oh yeah! The gorgeous city.. the bluebonnets in March! I could go on and on.
Thank God for Texas I say. :)
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