{"id":1995,"date":"2018-05-21T16:13:00","date_gmt":"2018-05-21T16:13:00","guid":{"rendered":"https:\/\/www.realtrends.com\/blog\/2018\/05\/21\/homeowners-likely-to-move\/"},"modified":"2025-03-13T02:35:42","modified_gmt":"2025-03-13T02:35:42","slug":"homeowners-likely-to-move","status":"publish","type":"post","link":"https:\/\/www.realtrends.com\/blog\/2018\/05\/21\/homeowners-likely-to-move\/","title":{"rendered":"Nevada Leads Nation with Highest Share of Homeowners Likely to Move"},"content":{"rendered":"
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Delaware, Florida, Colorado, Virginia Round Out Top Five \u2018Pre-Mover\u2019 States;<\/em><\/strong>
Top Investment Property Pre-Mover Markets Led by Memphis, Santa Rosa, Indianapolis<\/em><\/strong><\/p>\n

 <\/strong>ATTOM Data Solutions<\/a>, curator of the nation\u2019s premier multi-sourced property database, today released its Q1 2018 Pre-Mover Housing Index, which shows that the highest pre-mover index in the first quarter of 2018 \u2014 predictive of a high percentage of homeowners moving in the second quarter \u2014 was in Nevada (200), followed by Delaware (163), Florida (159), Colorado (154) and Virginia (149).<\/p>\n

Using data collected from purchase loan applications on residential real estate transactions, the ATTOM Data Solutions Pre-Mover Housing Index is based on the ratio of homes with a \u201cpre-mover\u201d flag during a quarter to total single family homes and condos in a given geography, indexed off the national average. An index above 100 is above the national average and indicates an above-average ratio of homes that will likely be sold in the next 90 days in a given market (see full methodology below).<\/p>\n

Metros with highest pre-mover index led by Colorado Springs<\/h3>\n

Among 118 metropolitan statistical areas analyzed for the report, those with the highest pre-mover index were Colorado Springs, Colorado (280)<\/a>; Manchester-Nashua, New Hampshire (213); El Paso, Texas (213); Washington, D.C. (208); and Orlando, Florida (201). Rounding out the top 10 metro areas with the highest pre-mover indices were Tampa-St. Petersburg, Florida (200); Las Vegas, Nevada (199); Charleston, South Carolina (198); Nashville, Tennessee (185)<\/a>; and Jacksonville, Florida (184).<\/p>\n

\"homeowners<\/p>\n

\u201cThe pre-mover index provides insight into which markets are poised to see a high percentage of homeowners moving this spring and which markets are likely to see a high percentage of homeowners staying put,\u201d said Daren Blomquist, senior vice president at ATTOM Data Solutions. \u201cMarkets with a high pre-mover index tend to be in areas where homes are still somewhat reasonably priced and have a growing job market, allowing for greater upward mobility. Markets with a low pre-mover index tend to be in areas with a struggling job market or with home prices that are out of reach for the average wage earner.\u201d<\/p>\n

Metros with lowest pre-mover index led by Cleveland<\/h3>\n

Among the 118 metropolitan statistical areas<\/a> analyzed for the report, those with the lowest pre-mover index were Cleveland, Ohio (46); Rochester, New York (48); Boston, Massachusetts (49); Pittsburgh, Pennsylvania (51); and Providence, Rhode Island (53). Rounding out the 10 metro areas with the lowest pre-mover index were Detroit, Michigan (54); San Jose, California (60); Naples, Florida (61); Tulsa, Oklahoma (62); and Grand Rapids, Michigan (63).<\/p>\n

Counties with highest and lowest pre-mover indexes<\/h3>\n

Among 314 counties analyzed for the report, those with the highest pre-mover index were Henry County, Georgia in the Atlanta metro area (313); El Paso County, Colorado, in the Colorado Springs metro area (304); Jacksonville County, North Carolina (299); Spotsylvania County, Virginia in the Washington, D.C. metro area (296); and Osceola County, Florida, in the Orlando metro area (291).<\/p>\n

Among those same 314 counties, those with the lowest pre-mover index were Erie County, New York, in the Buffalo metro area (34); Sedgwick County, Kansas, in the Wichita metro area (36); San Mateo County, California, in the San Francisco metro area (40); Wayne County, Michigan, in the Detroit metro area (40); and Queens County, New York (42).<\/p>\n

The average value of homes sought by pre-movers in the top 10 counties with the highest pre-mover index was $269,766 while the average value of homes sought by pre-movers in the top 10 counties with the lowest pre-mover index was $404,621.<\/p>\n