FOR IMMEDIATE RELEASE—
CONTACT: Stacy Armijo - Pierpont Communications, 512-448-4950
Oct. 1, 2013 – AUSTIN – Today, the Texas Association of REALTORS® released the Texas Relocation Report. Based on data from the National Association of REALTORS®, the report showed that Texas is a national leader in relocation activity and a sought-after location for households moving from other states.
Shad Bogany, chairman of the Texas Association of REALTORS®, commented: “Data from the Texas Relocation Report shows that the continued growth of the Texas housing market is not a housing bubble but a genuine surge in demand fueled by job and population growth across the state. People are moving, and they’re moving to Texas. Clearly, Texas is a domestic migration destination.”
According to the report, Texas experienced a net gain of households – with 9,100 more households moving into Texas than Texas households moving to other states. Bexar County experienced the largest net inflow in Texas and the fourth-largest net inflow of households (5,601) in the U.S., with six other Texas counties ranking within the top 20.
Harris County is the most mobile county in the Lone Star State, ranking No. 1 in Texas and No. 3 nationally for the largest inflow of households (67,299). Dallas and Tarrant counties are the second- and third-most mobile Texas counties, ranking No. 7 (54,388) and No. 16 (40,699) nationally for the largest inflow of households.
Harris County is also the top county in Texas and third-largest county nationally for outflow of households (65,395). Dallas and Tarrant counties have the second- and third-largest outflow of households statewide and are ranked No. 6 (56,223) and No. 19 (37,561) nationally.
Despite this outflow of households, Harris and Tarrant counties both posted net gains for households. Conversely, Dallas County experienced the highest net loss in households statewide (-1,845).
In addition, Williamson County garnered the highest net inflow of households from out of state (1,846), followed by Bell County (849) and Galveston County (452). San Patricio County experienced the highest net loss of households to other states (-95), followed by Ector County (-74) and Midland County (-31).
This report comes six months after U-Haul named Texas the No. 2 growth state for 2012, and Houston as the nation’s top relocation city with Austin as the third-most popular in its 2012 relocation report.
The Texas Relocation Report is based on survey data from the National Association of REALTORS® 2012 Relocation Report. The Texas Association of REALTORS® distributes insights about the Texas housing market each month, including quarterly market statistics, trends among home buyers and sellers, luxury home sales, international trends, and more. To view the Texas Relocation Report in its entirety, visit TexasRealEstate.com.
With more than 80,000 members, the Texas Association of REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas REALTORS® and private-property owners to keep homeownership affordable, protect private-property rights, and promote public policies that benefit homeowners. Visit TexasRealEstate.com to learn more.