Americans are on the move !
North American Van Lines recently published the 2021 U.S. Moving Migration Patterns Report. Here are some key takeaways:
- The Carolinas, Tennessee, Florida, Arizona and Texas are the top destinations for movers.
- The top 5 states for departures are Illinois, California, New Jersey, Michigan and New York.
- Over 20 % more Americans moved in 2021 compared to 2020.
- New remote work opportunities enabled an estimated 14-23 million Americans to relocate in 2021.
- The top 3 factors for moving in 2021: cost of living, proximity to family, work flexibility.
According to the Federal Reserve Bank of St. Louis, the median sales price for a home in the U.S. in the 4th quarter of 2021 was $ 408, 100. So, if you are thinking about moving out of your home state and are curious about “what is out there”, you may want to take a look at a recent study listing the 10 most affordable cities.
The most affordable city in the United States?
Memphis, Tennessee!
Read the study here: https://www.ahs.com/home-matters/local-guides/10-most-affordable-cities-to-live-in-for-2022/
Or, visit www.ahs.com. In the search bar enter “10 most affordable cities.”
Remember, we buy notes in all the cities mentioned here. Call me to get pricing for your note.