San Antonio a big Draw for Relocation

Texas ranked the seventh-largest inbound moving destination in the country in 2014, according to a recent survey by United Van Lines
.
United Van Lines has been tracking the number of inbound and outbound domestic moves for nearly four decades, enabling it to identify the most and least popular states for residential relocation, United Van Lines spokeswoman Melissa Sullivan said in a news release. This year, United Van Lines also surveyed customers to determine why they were relocating.

The survey found that 38 percent of the people moving to Texas did so because of a company transfer, while another 38 percent did so because of a new job. Meanwhile, affordable housing has been a factor in people's moving decision.

Michael Stoll, economist, professor and chair of the Department of Public Policy at the University of California, Los Angeles, said the current migration patterns reflect longer-term trends of families moving to the Southern and Western states, where housing costs are relatively lower, climates are more temperate and job growth has been at or above the national average.

San Antonio's housing market ended the year strong as more families moved to the city in 2014. The San Antonio area has experienced more growth in single-family home construction, rising home prices and higher housing values, Metrostudy Regional Director Jack Inselmann told the Business Journal toward the end of the year. San Antonio is also one of the most affordable housing markets in America.

Source: SA Business Journal