Washington D.C. was the most popular places to move in 2012, according to a migration study conducted by United Van Lines LLC, a St. Louis-based moving company.
It’s the fifth year in a row that Washington D.C. has been the most popular place to move in the annual study. This year, following D.C., Oregon, Nevada, North Carolina and South Carolina were the most popular places to move in that order. The study is based on all the moves going into and out of states and the District. Those with 55% or more moves in, like the District, are dubbed “high inbound.”
D.C. may be the nation’s most popular place to move because of its strong economy and healthier employment rate, United Van Lines suggests. The District’s unemployment rate ticked up recently, but that was after a year of declining steadily, The Washington Post reports.
The recent slight increase is likely connected with the fact that D.C. is the most popular place to move in 2012 – as more people entered the workforce here. The job market here depends heavily on the government and its contractors like Northrup Grumman and Lockheed Martin, but its education and health sectors are growing strongly.
The District has plenty of other features that contribute to its being the most popular place to move in 2012 – including its livability. D.C.’s growing communities like Shaw and the U Street corridor put new residents within easy walking distance of so many restaurants, entertainment venues and shopping. For residents who do want to travel outside their neighborhood, D.C. offers a solid transportation system with an abundance of Metro and bus stops.
Finally, D.C.’s diverse real estate market is probably also helping the city’s rank as the most popular place to move in 2012. With listings of hip studios in Adams Morgan, luxurious townhomes in Georgetown and scenic waterfront properties in southwest, D.C. is on track to again claim the most popular place to move spot this year.
For More Information:
Rock Creek Realty: http://www.rcrdc.com/
Baltimore Business Journal: http://m.bizjournals.com/washington/blog/2013/01/most-popular-places-to-move-in-2012.html?ana=lnk