Home / Business / SF isn’t the only city to see massive immigration, according to Zillow’s Mover.

SF isn’t the only city to see massive immigration, according to Zillow’s Mover.

It’s no secret that San Francisco suffered massive exodus during the outbreak, as many workers newly moved from offices fled the most important metro area in the country.

Now, a new report says, San Francisco had a large number of companies in major cities with massive immigration last year, and shed more light on the most popular out-of-state destinations for people. Departure

Property listing firm Zillow on Tuesday released its first Mover Report as a result of a major shift that has driven more landlords and tenants to move during the outbreak, according to a survey from the company. Organized online by Harris Poll, 11% of Americans moved over the past year, slightly higher than the 9.8% migration rate recorded in 201

8-19 by the U.S. Census Bureau.

The increase in apartment space and falling rental prices during the San Francisco epidemic has been well recorded, although the market has begun to recover in recent months. A recent chronicle report, cited by people filing the US Postal Service’s Address Change Form from San Francisco, shows that the top 15 destinations for departures are all counties in California and the top six are in Bay. Area All

Zillow’s approach is different: partnered with North American Van Lines to collect data for the report. Since the data comes from moving companies, Zillow spokesman Matt Kreamer said the data is focused on people doing large out-of-state movements rather than local movements.

Kreamer said the company’s search volumes show that Sacramento is typically the top destination that people from San Francisco look for and vice versa. But I don’t know how much that search volume actually translates to sales or leases.

Zillow’s mover report found that among the major metro areas, Chicago had the highest outbound net loss, followed by New York, Los Angeles and San Diego, with San Francisco ranked. The fifth (See table here)

The top destination for former San Francisco residents is Seattle, the 2nd place of immigration is Austin, with Portland, Phoenix and Denver in the top five.

For those departing San Jose, the No. 1 destination is Austin, followed by Denver No. 2 and Boulder Colo, No. 3 Charlotte, NC and Fayetteville Ark. In the fourth and fifth places, respectively.

People from Los Angeles and San Diego chose Dallas-Fortworth and Phoenix as their two destinations. Austin and Seattle are also historically popular cities for Angeles, Lenos and San Diego.

The report found that the urban areas with the highest net immigration were Phonix, followed by Charlotte, NC, Austin, Dallas-Fort Worth, and Sarasota, Fla. (See chart here).

Zillow senior economist Jeff Tucker said in a mover report that the epidemic accelerated in 2018 and 2019, especially people moving from expensive big cities to cheaper markets.

“The affordable midsize metro area across the Sun Belt means there are significantly more people visiting than they go, especially from the more expensive cities further north and on the coast,” he said. The pandemic has fueled thousands of years of first-time buyers, many of whom can work from anywhere. ”

The Zillow Mover report also found that 31% of those surveyed wanted to move for a year or longer, and 76% said emotional factors prevent them from moving and moving. But most of the activists surveyed (80%) said their latest move was worthwhile, with more than half feeling happy and relieved after the move.

The survey was conducted online within the United States by The Harris Poll on behalf of Zillow from March 10-12, 2021 among 2,005 U.S. adults 18 and older, of which 244 moved in the past Zillow year. It was noted that the sampling error cannot be calculated because the survey is not based on probability samples.

The movement data includes all inter-subway movements operated by Van Lines in North America during the first 11 months of 2020.The data includes the origin and destination zip codes for each move.

Source link