Texas is the #1 magnet state, according to the Allied Van Lines Magnet State Report, which was released on December 20th. And the reason for the influx should be no surprise to anyone: the economy is accelerating faster than any other in the nation. But perhaps most noteworthy of all is that this is the seventh year in a row that Texas has claimed the top spot. Over 1500 new families moved into Texas in 2012, which beat the next largest state, Florida, by nearly 1000. These numbers are supported by other groups, such as On Numbers, which found Texas claiming 60% of the top spots for relocation across the country.
The study is collated by a very simple metric: the number of outbound moves by Allied is subtracted from the number of inbound moves. Some states actually produced a negative number, or were relatively flat. Texas beat all others by an incredibly large number. It prompted Governor Rick Perry to claim, “Being named the magnet state for the eighth year in a row proves that people continue to vote with their feet, choosing Texas’ principled and restrained spending, low taxes and strong job creation record as the best opportunity for their future. We are committed to strengthening the fiscal principles and economic climate that have made Texas the best state in the nation to live, work, raise a family and start a business.”
Of course, none of this is surprising to those of us on the front lines of real estate. In Erath County, we have seen a plethora of families and workers moving into the area as a desired location, close to but still quietly separate from the congestion of the Dallas-Fort Worth area. We have been helping new residents and those looking for an upgrade in their living situation find a home in Stephenville for years.
If you are part of the new surge of residents moving to Texas, we’d love to tell you more about buying a Stephenville home. Give us a ring today so that we can help you navigate a property market growing busier by the day.