Boston Condos for sale and Rent

Loading...

Massachusetts loses population – again

More people are moving out of Massachusetts than in

More people are moving out of the Bay State than in, according to a new report.

United Van Lines 45th Annual National Movers Study found the reasons behind the moves are pandemic-driven as people look to relocate to lower density areas and closer to family. 

Massachusetts ranked No. 7 of the top 10 outbound states in 2021

Massachusetts ranked No. 7 of the top 10 outbound states in 2021 with an outbound rate of 57.6%. The inbound rate was 42.4%. 

Leaving Your Boston Condo for Retirement

According to the study’s findings, 22.40% of residents said they left the Bay State behind for retirement, 4.37% for health reasons, 24.59% for family, 17.49% due to lifestyle changes, 31.42% for a new job or job transfer and 8.47% said cost was the trigger. 

Michael A. Stoll, economist and professor in the Department of Public Policy at the University of California, Los Angeles said the data is indicative of the impact COVID-19 had on domestic migration patterns in 2021 with many Americans looking to move to smaller or mid-sized cities and towns. 

“We’re seeing this not only occur because of Americans’ desire to leave high-density areas due to risk of infection, but also due to the transformation of how we’re able to work, with more flexibility to work remote,” he said.

Boston Condos for sale and Rent

Loading...
Boston condos
 Boston condos for sale  


Click Here to view: Google Ford Realty Inc Reviews

Click to View Google Reviews

Click Here to view: Google Ford Realty Inc Reviews

Boston Real Estate Blog Updated 2022

______________________________________________________________________________________________________________________________

Boston Real Estate for Sale

Loading...

A couple of days ago, I posted an entry about the state of Massachusetts, and how it had lost population over the past couple of years.

It’s happened, again.  Population in Massachusetts fell 

One piece of good news – no longer is Massachusetts the only state to lose population.  In addition, New Jersey lost people, as did Connecticut and New York.

Boston Massachusetts Real Estate 2021

More people moved out of Massachusetts than relocated to the Bay State in 2020, with retirees and people seeking a change in lifestyle driving the overall migration out of the state, according to a recent study by a national moving company.

United Van Lines found Massachusetts to be one of the top 10 states in the country that people were moving from as the COVID-19 pandemic accelerated people’s decisions to relocate and the years-long trend of people moving south and west continued.

Idaho topped United’s survey for inbound moves, followed by South Carolina, Oregon, South Dakota and Arizona as popular destinations.

New Jersey, New York, Illinois, Connecticut and California saw the greatest percentage of movers leaving, with Massachusetts ranking eighth.

The COVID-19 pandemic has, without doubt, accelerated broader moving trends, including retirement driving top inbound regions as the Baby Boomer generation continues to reach that next phase of life,” Stoll said.

Reasons For Moving Out of Massachusetts.

Of those leaving Massachusetts:

  • 35.2 percent of United customers surveyed said it was because of work
  • 24.2 percent said they were leaving to retire or for family.
  • 20 percent said they left for a change in lifestyle.

Contact me if you plan to hang around and are looking for a place to live downtown Boston

Boston Real Estate for Sale

Loading...