Florida is the Number One Moving Destination within the USA | Download our Miami Relocation Guide

LendingTree’s State Migration Study Finds Homebuyers Heading South

 

In a study by LendingTree, an online loan marketplace, it was revealed what states most people are looking to move to (State-to-State movements). There is a strong preference for the southern states with Florida as the number 1.

Residents of 18 out of 50 states prefer Florida as their new home state, therewith making it this study’s number 1 destination! Of all purchase mortgage requests during the study’s time period, 9.14% were for consumers looking to move to Florida. Florida has a history of bringing in new residents. In the past these new residents were mainly retirees and people looking for a better climate, nowadays we see many (highly educated) migrant workers and high income individuals who are looking for tax benefits. We also see more businesses moving to Miami and setting up shop here. I have personally spoken to several CEO’s / CFO’s in the last few months who are moving with their company and family to South Florida to find themselves saving $100,000s of dollars. Finally, Miami’s is becoming more and more of a global city offering excellent schools, arts, culture, fashion, fine-dining, museums and much more.

Florida is the Number One Moving Destination within the USA | Download our Miami Relocation Guide
Florida is the Number One Moving Destination within the USA | Download our Miami Relocation Guide

The 18 states who had Florida as a number 1 choice. Many of these are high income tax states, while Florida does not have any personal income tax.

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Florida is the Number One Moving Destination within the USA | Download our Miami Relocation Guide

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David Siddons is a top producing Miami realtor with over $60M in yearly sales. He is known as a market analyst and the author of several groundbreaking Miami real estate reports. 

FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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