Americans relocate less, favor nearby cities over long-distance moves

"The study found Americans are increasingly reluctant to move long distances. Even when households relocate, they tend to remain in the same census region, signaling a preference for proximity to family, jobs and familiar surroundings. The big story isn't a national reshuffle it's people trading one nearby city for another that fits their budget and lifestyle a little better, the report said."

"Austin led the list of growing cities, with many new residents arriving from elsewhere in Texas. Roughly one-quarter of Austin's new residents came from other major Texas metros, with additional inflows from the South and West. The city also saw balanced inflows and outflows, suggesting it serves both as a destination and a stepping stone for residents who later move to other cities."

Americans are increasingly reluctant to move long distances. When households relocate, they commonly remain within the same census region, reflecting preferences for proximity to family, jobs and familiar surroundings. Most moves shift residents between nearby cities that better match budget and lifestyle rather than creating a national reshuffle. Climate and lifestyle preferences drive many cross-region moves. The Midwest posted gains driven by lower housing costs and large projects such as data center construction, with cities like Indianapolis, Columbus and Cleveland gaining residents. Two-thirds of major metro areas saw net domestic migration declines, producing uneven regional population shifts. Austin, Denver and Philadelphia attracted notable inflows.

Read at www.housingwire.com