Every year, United Van Lines releases their moving data with the top 10 States people moved to and the top 10 States people moved from.
Drum roll please… and the #1 Inbound State is… Oregon!
In 2015, inbound moves represented 69% of all the moves to and from Oregon: in other words, more people are moving to the State than out of it.
Such number explains the population growth Oregon has experienced recently. Last year, according to Portland State University’s new estimates, Oregon’s population has passed the four million mark. 80% of that growth was credited to migration, itself driven by the economy.
And the in-migration is expected to continue. It is interesting to note that it is the third year in a row that Oregon has captured the top place in the United Van Lines report. This year, Washington joins the top ranks grabbing the 10th spot with 56% of all the moves being inbound.
What does this mean for the local housing market? As the demand for housing remains strong, it continues to be great news for anyone considering selling their house in the near future. See how your home value has changed!
As for home buyers, new home constructions projects in the Portland Metro area are designed to meet this higher demand, which give ALL buyers more options as they can choose between existing homes and new constructions!
My name is Marie Conser and, as a Real Estate Broker licensed in the State of Oregon, I help people buy, sell and invest in real estate in the Portland Metro area, particularly: Forest Heights, Cedar Mill, Bethany , Oak Hills and Beaverton.
Contact me today to start making your real estate dreams a reality!