Written by Joanna England on October 1, 2013
Dallas is a pretty dang popular place to move to, with 54,388 households moving into Big D according to the National Association of Realtors. While Dallas County ranks second behind Houston and ahead of third-place Tarrant County in households relocating to our fair burg, more people are packing it in. “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,” said Shad Bogany, chairman of the Texas Association of Realtors. ”People are moving, and they’re moving to Texas. Clearly, Texas is a domestic migration destination.”
Sure, Texas is a job destination for many folks, with more households moving into the great state than leaving. But Dallas has a net migration of -1,845 while our neighbor to the west, Tarrant County, has a net migration of 3,138.
Interesting, no? Dallas posted the highest negative migration numbers in the state, which makes me wonder where all those folks leaving Dallas are going, and why they’re leaving in the first place? Is it housing costs? Corporate downsizing? What’s your theory?