(NewsNation) — Despite the attention being paid to how COVID-19 is affecting Americans to leave their homes, the Census Bureau says permanent immigration levels in the United States continue to decline. reported that
But real estate experts say they are experiencing a “lifestyle transition” pattern that didn’t exist before the pandemic.
Julie Forpel, a broker in Jackson Hole, Wyoming, told NewsNation Digital that big changes are happening in the real estate market.
Being able to work remotely “we all say, ‘Wait a minute, you don’t have to live where you don’t want to live.’ Because it’s all about defining how you want to live,” Faupel said.
According to Faupel, demand for travel to places like Wyoming is growing as people readjust their priorities and learn to work in new ways.
Faupel is the founder of REALM, a real estate tech startup that works closely with leading produce real estate professionals around the world. She says there is also demand in Aspen, Colorado. Park City, Utah. and Hawaii.
Demand is still seen in urban environments, but people are starting to prioritize different things, especially the comfort of their homes.
“It’s an exciting time. I think people are redefining so much of our lives, but I think the pace of change is faster than ever,” Faupel said.
In 2021, moving company United Van Lines conducted a study to further explore the “why” behind Americans’ decision to move.
The survey revealed that 31.8% of Americans moved to be closer to family, and 32.5% of Americans moved for a new job. That’s a significant drop from her 2015, when more than 60% of Americans cited a job or a transfer.
“This new data from United Van Lines shows the impact of COVID-19 on migration patterns across the country, accelerating migration to small- to medium-sized towns and cities in 2021,” he said. Michael A. Stoll, economist and professor of public policy at the University of California, Los Angeles, said in a report. “This is not only because Americans want to leave densely populated areas because of the risk of infection, but also because the way we work has changed, with the ability to work remotely and more flexibly.”
Faupel adds: And it helps make our environment more comfortable. “
Top Inbound States in 2021:
- south dakota
- south carolina
- west virginia
- rhode island
Top Outbound States for 2021:
- new jersey
- New York
The August Zumper National Rent Index also showed interesting data on immigration and rents. Migration patterns show that many remote workers have moved to cities in the south in search of warmer weather, more space and lower costs of living, but the rate of such migration has begun to slow. I’m here.
According to Redfin, immigration from San Francisco is increasing, but immigration from New York is declining.
Prices in New York City continue to soar, but people continue to migrate to New York City. But San Francisco, Los Angeles, and Sacramento are different stories. In terms of population size, all three of her California cities appear to be shrinking. Meanwhile, Fresno’s population is growing slowly but steadily.
Zumper said the trend toward population concentration from expensive cities on the Pacific coast to California’s fifth-largest city intensified during the pandemic.