Tuesday, June 15, 2010 -
NEW YORK - April 2, 2009 - Despite the economic turmoil swirling in much of the country, several Tennessee cities are seeing spikes in popularity and will likely continue attracting new residents, according to a new Relocation.com study. Relocation.com, the leading online consumer resource for moving services, analyzed nearly 500,000 requests for moving services in 2008 and found that 58 percent of all interstate move requests for Tennessee involved people who wanted to move to Tennessee from another state; 42 percent involved people who wanted to leave Tennessee for another state.
Looking at data from 2007 and 2008, the most popular large Tennessee cities based on moving requests per capita are:
Nashville, Knoxville and Chattanooga all showed positive growth with more interstate moves into the cities rather than moving out. The one city bucking the growth trend was Memphis. Of interstate moves, 62 percent were requests to move out of Memphis to another state; 38 percent were requests to move to the city.
"While many states are seeing declining interest, there are some positive signs with an uptick in interest in places such as Tennessee," said Sharon (Ron) Asher, chairman and founder, Relocation.com. "As we study the moving patterns for this year and into 2010, we expect to see more consumers taking advantage of lower home prices and more states seeing positive growth."
On a per-capita basis for cities with more than 1 million people across the U.S., Las Vegas saw the greatest number of moving quote requests from out of state in 2008, followed in order by Denver, Charlotte, Phoenix, Portland, Seattle, Orlando, Washington D.C. and Atlanta. The results are nearly identical to 2007’s data.
For additional information about Tennessee moving trends visit: http://www.relocation.com/blog/more-folks-volunteer-for-tennessee-living.
Relocation.com analyzed nearly 500,000 moving quote requests in 2008 to determine where people are moving. Figures from the U.S. Census Bureau indicate that 34 million people moved between 2007 and 2008; assuming 2.6 persons per household, Relocation.com's moving data represents nearly 3.5 percent of people making moves in the country. The Census Bureau says the vast majority of movers in the U.S. make local moves; according to 2006 data, 62 percent of people making a move stayed within the same county, while 20 percent moved to a different county but within the same state. Fourteen percent moved state to state, while 3 percent moved from abroad.
Relocation.com is the largest online marketplace connecting consumers who are moving locally, nationally or internationally with professionals that can best service their needs. Working with many leading moving and storage companies, Relocation.com provides free quotes from quality, professional companies who can service consumers during their upcoming move. It is focused on helping make the relocation process easier and less challenging for the 40 million people moving each year. Relocation.com offers comprehensive information, tools and resources to help consumers compare, connect and learn about products and services from hundreds of relevant providers. Ranked No. 18 of the top 50 media companies on the 2008 Inc. 5000 list of fastest-growing companies, the company was founded in 2000 by online moving industry pioneer, chairman Sharon (Ron) Asher, and is based in New York. For more information, visit http://www.relocation.com/.