Let’s Talk Real Estate, June 2014
United Van Lines recently published its inbound and outbound moving data for the year of 2013. The winners are Oregon and the Carolinas. The losers are New Jersey, Illinois and New York.
The amount of Americans moving slowed during the great recession but is now picking-up again. A new Gallup survey found that 24% of Americans reported moving from their city or area in the past five years, which means Americans move more than all other countries except New Zealand.
In Southern Oregon, we are seeing mainly families moving for reasons such as retirement or better quality of life in a smaller town. We have affectionately named them “Escapees” and “Retirees.” Southern Oregon is a great place to raise a family and/or retire and now that the recession is over,* expect to see Southern Oregon population rise as these two groups flee neighboring states.
*A recession is defined as a period of temporary economic decline measured by a fall in GDP in two successive quarters and it is considered ended after it has stabilized or increased for two consecutive quarters.
Graham Farran of Expert Properties in Jacksonville, Oregon
Graham Farran is a broker with Expert Properties, located at 620 N. 5th Street in Jacksonville. Please see their ad on the back page and contact them at 541-899-2030 or online at www.expertprops.com.
Posted May 30, 2014