Wayne Gretzky famously said that he succeeds because he “skates to where the puck is going to be, not where it has been.” For land investors, this means understanding where people will be moving, not where they moved in the past. For decades the primary population shift in the United States has been towards the southwest. Not surprisingly, the southwestern states have been the bread and butter of land flippers. Will that continue to be the case though? For the moment, Arizona is still the most popular state to move to, but it is followed by South Carolina, North Carolina and Tennessee.
Click here for one of the coolest visualizations we’ve found showing population shifts. CHECK THIS OUT!
Allied Van Lines has recently released their Allied Magnet States Report, a comprehensive analysis of migration patterns in the United States. The report has revealed 2 conclusions that land investors should pay attention to.
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- Fewer people moved in 2022 compared to 2021 resulting in a 20% decrease in overall moves.
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- People who were able to relocate chose to move south and settle along the Sunbelt. While the sunbelt continues to include Arizona, it also means Texas, Florida and southeastern states such as South Carolina and Tennessee.
For an interactive map showing the most current data on population shifts by state click here.