The latest news of interest to multifamily housing investors in Oregon and Washington.
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Wednesday, January 4, 2017
United Van Lines National Movers Study: Oregon is #2 Moving Destination in the US
After three consecutive years in the #1 spot, Oregon continues its strong showing in United Van Lines' 40th Annual National Movers Study. Surpassed only by South Dakota, Oregon is the second most popular destination for people moving within the United States. As a whole, the West is experiencing a significant amount of migration, with Idaho, Washington, Nevada, and Arizona also recording a large number of inbound moves. The Northeast is continuing to lose residents, however, with New Jersey, New York, Connecticut, and Pennsylvania all at the bottom of the list. Fifty-three percent of people who move to Oregon move for a new job or company transfer, while 19% move due to retirement. Read more.