Relocation Trends in 2024
Florida's popularity as a relocation destination is declining in 2024, with the Carolinas and Tennessee emerging as new favorites due to factors like cost of living and economic outlook.
Key Points
- Florida is losing its appeal as a relocation destination in 2024
- The Carolinas and Tennessee are attracting more movers due to affordability and economic prospects
- Cost of living remains a key factor driving relocation decisions
Pros
- The Carolinas and Tennessee are becoming popular relocation choices
- Affordable cost of living in the new top destinations
- Positive economic outlook in Tennessee
Cons
- Florida is experiencing a decline in popularity for relocation
- Increased insurance rates and economic slowing are impacting Florida's real estate market