We know that the pandemic has affect the real estate market across the country. It has caused a lot of people to decide to make a move. Over 8.9 million people have relocated since the beginning of the pandemic. This information is from collect from both the National Association of Realtors and the United States Postal Service from March to October of 2020. Top ten states with the most people moving IN during this time include: New Jersey, South Carolina, Maryland, Iowa, Connecticut, Nevada, Arizona, New Mexico, Ohio and Mississippi. The top ten states with people moving OUT include: New York over 10,000 people left New York, New York alone, Texas, District of Columbia. North Carolina, California, Pennsylvania, Illinois. Minnesota, West Virginia and Florida. Much of this moving has been out of major cities.
One of the communities that has seen the biggest gain in this time is Williamson County, Texas. They have seen over 3,800 people move there. Interesting since the state of Texas has had a record number of people leaving the state.
In the data, Colorado was not mentioned as one of the top 10 for people moving in or out. I have seen many people relocating here. If you can live anywhere while you are able to work remotely, who wouldn’t love to live here with a view of the mountains from your desk. This has increased our demand for both properties to buy and rent. National Association of Realtors is expecting similar patterns of moving to play out in 2021. Remember if you know anyone that is moving. I can connect them to a great agent anywhere. I am a part of a great organization that includes the top four percent of agents nationwide. I can interview agents and pick the perfect person for them to work with.