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  • Northern Virginia -Fairfax, Loudoun, Alexandria, Arlington & Prince William Blog, real estate Market condition written by Ritu Desai at Samson Properties
Virginia #3 Relocation Destination in US!

allied-moving-truck-richmond-vaALLIED VAN LINES ANNOUNCES 41st ANNUAL MAGNET STATES REPORT…

Virginia moved up from 5th to the 3rd spot in the list of States with the most inbound relocation moves.

For the fourth year in a row, Texas took the lead as the No. 1 destination state in 2008 based on Allied’s report, which tracks U.S. migration patterns. North Carolina ranked second.

Texas achieved the highest net relocation gain (inbound moves minus outbound moves performed by Allied Van Lines) of 1,903 in 2008. Also for the fourth year in a row, North Carolina placed second on the list with a net relocation gain of 800, followed by Virginia in third place with a gain of 398.

The largest net relocation losses (more outbound than inbound shipments) were experienced by Michigan, followed by Pennsylvania, New Jersey and Illinois. Auto industry difficulties most likely continued to negatively affect relocations to Michigan in 2008, as Allied Van Lines’ outbound shipments of 2,388 were about double its inbound shipments of 1,181 for the state. Pennsylvania experienced the second largest net relocation loss with 855 more outbound than inbound moves, closely followed by New Jersey with a net relocation loss of 738, and Illinois with 551.

Source: Allied Van Lines internal shipment data. Data is sorted by percent total volume.

Posted: Monday, May 04, 2009 7:56 AM by Ritu Desai

Comments

RG said:

Hello,

Thanks for sharing all the wonderful tips for first time homebuyers - they are very helpful!

My husband and I are planning to buy a townhouse is Lowes Island. We will be moving from Maryland and whatever little information we have is from our friends. There is nothing much that we found on the internet on real estate in lowes island. I was wondering if you could share your opinion with us. Seems this area did not see much appreciation even during peak times. Is that true? The house we are getting is available at a price much above the appraised value. Should that be a cause of concern?

Thanks very much.

RG

# May 5, 2009 9:33 AM
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