This will surprise absolutely no one in Texas. We’ve been saying it until we’re blue in the face, really. But it’s nice to hear someone else tell us that Texas is a hot commodity, and that’s what we gleaned from Allied Van Lines‘ 2014 Magnet State Report, which puts Texas in the No. 1 spot for the 10th year running. The report, which uses internal data from the nationwide moving company, showed a net relocation gain of 1,973 families in 2014.
“Texas has also demonstrated strong population growth (adding 1.3 million new residents since April 2010, according to the U.S. Census Bureau) and has increased non-government jobs by 12 percent since 2007, according to the American Enterprise Institute,” the company’s report said.
We know that demand is far outstripping supply in the Permian Basin area, and in Houston, home values are at record-breaking levels. Here in Dallas, our existing home supply is seeing demand that is higher than pre-recession levels, and homebuilders are working to construct new homes at a break-neck pace. Add to that, distressed sales are extremely low. It’s good to be a Texan right now, that’s for sure!
Jump for the full infographic to see the runners up and how other states performed: