One sign of a hot housing market is an influx of new residents...
And these are the states who attracted the most new residents from July 1st, 2017 to July 1st, 2018.
1. Nevada
Growth in Population: +2.1 percent (3.03 million)
2. Idaho
Growth in Population: +2.1 percent (1.75 million)
3. Utah
Growth in Population: +1.9 percent (3.16 million)
4. Arizona
Growth in Population: +1.7 percent (7.17 million)
5. Florida
Growth in Population: +1.5 percent (21.3 million)
6. Washington
Growth in Population: +1.5 percent (7.54 million)
7. Colorado
Growth in Population: +1.4 percent (5.7 million)
With the addition of close to 62,000 people (accounting for births and new residents), Nevada is the fastest-growing, relatively, Census estimates show. According to a separate study by United Van Lines, The Silver State had the fourth-highest inbound moves in 2018—and in its biggest city, Las Vegas, home prices are up 12 percent year-over-year.
Idaho, at No. 2, grew by roughly 35,000. According to the study by United Van Lines, it had even more inbound moves than Nevada, at the third-highest of the states.
Meanwhile, No. 3 Utah is home to Salt Lake City, which is one of the best cities for millennials, according to a LendingTree ranking. If millennials are moving there, chances are, there are affordable homes and job opportunities—characteristics of an in-demand market.
Colorado might not be the fastest growing anymore, but we are still pretty high up on the list. To see the rest of the top 10, head over to RIS Media.
Posted by West + Main Homes on
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