Americans Are on the Move, Study Shows

Daily Real Estate News | January 20, 2011

More people are moving, according to Atlas Van Lines’ annual Migration Patterns study. In the 2010 U.S. Census, long-distance moves hit a record low. However, Atlas Van Lines says its recent study has shown monthly increases starting in late 2010 with the number of household who are back on the move again.

As the economy forges ahead and the prevalence of these issues subsides, Americans are starting to move again, says Francis Yuen, an analyst with CoStar's Property & Portfolio Research. The questions are: to where, and how can investors make money from it?

Residents of Rust Belt states, in particular, are relocating, due to high unemployment numbers that plague the region. States next to the Rust Belt, therefore, are seeing some of the largest increases in new residents.

Here are some of the findings from the Migration Patterns study:

Source: People Are Moving Again, CoStar Group