Markets in Colorado, New Hampshire, Illinois, Washington, D.C., and Tennessee are likely to see the biggest amount of new movers in the fourth quarter, according to a new analysis from ATTOM Data Solutions, a real estate data firm.
The top 10 metros in the country that are attracting the most new residents: Colorado Springs, Colo.; Manchester-Nashua, N.H.; Chicago; Washington, D.C.; Nashville; Reno, Nev.; Tampa-St. Petersburg, Fla.; Las Vegas; Jacksonville, Fla.; and Kingsport-Bristol, Tenn., according to ATTOM Data Solutions’ Q3 2017 Pre-Mover Housing Index, which is based on purchase loan applications on residential real estate transactions.
“Home buyers are most likely to move—and homeowners are more likely to move up—in markets with plenty of available jobs along with a reasonable supply of homes for sale,” says Daren Blomquist, senior vice president at ATTOM Data Solutions. “Markets with this enviable and increasingly rare combination of jobs and housing inventory tend to be in secondary and even tertiary markets that are somewhat off the beaten path. Even in more mainstream markets, the counties with the highest pre-mover indices tend to be in outlying areas where more inventory is available or can be built.”
Source: “Markets in Colorado, New Hampshire, Illinois, D.C., and Tennessee Top List of Where Homebuyers Are Most Likely to Move in Q4 2017,” ATTOM Data Solutions (Nov. 28, 2017)
