{"id":144324,"date":"2022-08-22T09:13:47","date_gmt":"2022-08-22T15:13:47","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=144324"},"modified":"2024-01-05T17:28:05","modified_gmt":"2024-01-06T00:28:05","slug":"this-city-saw-the-highest-net-migration-in-the-us-this-year","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/this-city-saw-the-highest-net-migration-in-the-us-this-year","title":{"rendered":"This City Saw The Highest Net Migration in the U.S. This Year. Hint: It&#8217;s Not Austin"},"content":{"rendered":"\n\n      <iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC8068960033&#038;light=false\" width=\"100%\"><\/iframe>  \n\n\n\n\n<p><span data-preserver-spaces=\"true\">People are moving. Out-of-state rental applications increased 42% between 2020 and 2021, according to&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/newsroom.transunion.com\/renter-migration-patterns-drive-42-increase-in-out-of-state-applicants-as-renters-seek-sunnier-rural-environments\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">TransUnion<\/span><\/a><span data-preserver-spaces=\"true\">, as the pandemic and the resulting economic fallout have impacted both affordability and mobility. Americans are paying an extra&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.npr.org\/2022\/06\/09\/1103919413\/rents-across-u-s-rise-above-2-000-a-month-for-the-first-time-ever\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">4.8%<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;in rent this year, while some cities like Austin, Texas, and Seattle, Washington, have seen increases greater than 30%. At the same time, more Americans have the freedom to move than ever before. According to a&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.mckinsey.com\/industries\/real-estate\/our-insights\/americans-are-embracing-flexible-work-and-they-want-more-of-it\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">2022 survey<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;from McKinsey, 35% of Americans have the option to work fully remote. And many of these digital nomads are tired of getting ripped off by the high cost of living in their home cities.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The latest&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.rent.com\/research\/migration-nation\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">migration report<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;from Rent.com shows that renters who live in major cities in the West and Northeast are looking to relocate to more affordable areas of the South and Midwest rather than renew their high-priced leases. This, of course, will have an ever-evolving impact on real estate markets. Using the data from the report, investors can make informed decisions about where to buy property to capture increasing rents in cities that are about to heat up.&nbsp;<\/span><\/p>\n\n\n<div class=\"tableauPlaceholder\" id=\"viz1661179000176\" style=\"position: relative\"><noscript><a href=\"https:\/\/www.rent.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" alt=\"Dashboard 1 \" src=\"https:\/\/public.tableau.com\/static\/images\/le\/lead_delta_states_q2_2022\/Dashboard1\/1_rss.png\" style=\"border: none\" title=\"\"><\/a><\/noscript><object class=\"tableauViz\" style=\"display:none;\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\"\/><param name=\"embed_code_version\" value=\"3\"\/><param name=\"path\" value=\"views\/lead_delta_states_q2_2022\/Dashboard1?:language=en-US&amp;:embed=y&amp;:toolbar=yes&amp;:embed_code_version=3&amp;:loadOrderID=0&amp;:display_count=yes&amp;publish=yes&amp;:tabs=no\"\/><param name=\"toolbar\" value=\"yes\"\/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/le\/lead_delta_states_q2_2022\/Dashboard1\/1.png\"\/><param name=\"animate_transition\" value=\"yes\"\/><param name=\"display_static_image\" value=\"yes\"\/><param name=\"display_spinner\" value=\"yes\"\/><param name=\"display_overlay\" value=\"yes\"\/><param name=\"display_count\" value=\"yes\"\/><param name=\"tabs\" value=\"no\"\/><param name=\"language\" value=\"en-US\"\/><param name=\"filter\" value=\"publish=yes\"\/><\/object><\/div>\n<p>                <script type=\"text\/javascript\">                    var divElement = document.getElementById('viz1661179000176');                    var vizElement = divElement.getElementsByTagName('object')[0];                    if ( divElement.offsetWidth > 800 ) { vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';} else { vizElement.style.width='100%';vizElement.style.height='727px';}                     var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>Lead Deltas by State &#8211; <a href=\"https:\/\/www.rent.com\/research\/migration-nation\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rent.com<\/a><\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Understanding Migration Trends<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">To find which cities are attracting renters, Rent.com analyzed lead data from the second quarter of 2022. To define a lead: when a potential resident submits interest in a rental home to a property owner or manager, that is considered a lead.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Rent.com took the number of inbound and outbound leads in each city and found the difference, which was used to calculate the lead delta. A positive lead delta indicates that people are moving into an area, while a negative lead delta shows that folks are leaving the area.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Where Renters Are Leaving<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Renters are initiating outbound inquiries in some areas where rents have risen the most in recent years. The following metro areas had the highest outbound delta:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span data-preserver-spaces=\"true\">Charlotte, North Carolina (-32.90%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">St. Louis, Missouri (-32.47)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Chicago, Illinois (-32.05%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Austin, Texas (-29.72%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Atlanta, Georgia (-23.15%)<\/span><\/li>\n<\/ul>\n\n\n\n<p><span data-preserver-spaces=\"true\">While these aren\u2019t the most expensive places to live in the country, they are all places that have had positive migration, positive appreciation, and an overall increase in rent in recent years. Notably, Austin saw the average rent for a one-bedroom apartment more than double over the course of a year.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Of course, rent prices aren\u2019t the only factor. People may be leaving St. Louis for more desirable locations, considering it ranks on the list of the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/realestate.usnews.com\/places\/missouri\/st-louis\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">most dangerous places<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;to live in the U.S. and is known for its low-ranking education system. The rampant snowstorms in Chicago last year were enough to make anyone flee. There are individual reasons for moving as well, but the data shows a clear relationship between high costs of living and outbound migration.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The following states saw the greatest number of renters inquiring about out-of-state properties:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span data-preserver-spaces=\"true\">New York (-34.75%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Illinois (-31.69%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Colorado (-12.70%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Georgia (-9.60%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">North Carolina (-9.48%)<\/span><\/li>\n<\/ul>\n\n\n\n<p><span data-preserver-spaces=\"true\">New York, Illinois, and Colorado consistently rank as some of the most expensive states to live in, while Georgia and North Carolina are more affordable.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Where Renters Are Going<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Renters tend to feel more comfortable moving to a community within the same state or region. For example, most renters in Charlotte looked for rentals in North and South Carolina, St. Louis renters wanted to stay in Missouri, and Austin renters looked for rentals in other areas of Texas. Renters in Chicago inquired about nearby Midwestern cities like Indianapolis and Milwaukee but were also drawn to Dallas-Ft. Worth and Nashville. And more than half of Atlanta renters looked for rentals within the region, including other areas of Georgia or Alabama.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The metro areas with the highest inbound lead delta were:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span data-preserver-spaces=\"true\">Huntsville-Decatur (Florence), Alabama (41.77%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Tri-Cities, Tennessee-Virginia (40.29%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Biloxi-Gulfport, Mississippi (40.01%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Knoxville, Tennessee (37.41%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Springfield, Missouri (36.98%)<\/span><\/li>\n<\/ul>\n\n\n<div class=\"tableauPlaceholder\" id=\"viz1661179997196\" style=\"position: relative\"><noscript><a href=\"https:\/\/www.rent.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" alt=\"Dashboard 1 \" src=\"https:\/\/public.tableau.com\/static\/images\/Q6\/Q6W3P75R7\/1_rss.png\" style=\"border: none\" title=\"\"><\/a><\/noscript><object class=\"tableauViz\" style=\"display:none;\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\"\/><param name=\"embed_code_version\" value=\"3\"\/><param name=\"path\" value=\"shared\/Q6W3P75R7\"\/><param name=\"toolbar\" value=\"yes\"\/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/Q6\/Q6W3P75R7\/1.png\"\/><param name=\"animate_transition\" value=\"yes\"\/><param name=\"display_static_image\" value=\"yes\"\/><param name=\"display_spinner\" value=\"yes\"\/><param name=\"display_overlay\" value=\"yes\"\/><param name=\"display_count\" value=\"yes\"\/><param name=\"tabs\" value=\"no\"\/><param name=\"language\" value=\"en-US\"\/><\/object><\/div>\n<p>                <script type=\"text\/javascript\">                    var divElement = document.getElementById('viz1661179997196');                    var vizElement = divElement.getElementsByTagName('object')[0];                    if ( divElement.offsetWidth > 800 ) { vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';} else { vizElement.style.width='100%';vizElement.style.height='727px';}                     var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>Inbound Migration by Metro &#8211; <a href=\"https:\/\/www.rent.com\/research\/migration-nation\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rent.com<\/a><\/em><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Most of these cities brought in leads from larger metro areas nearby. For example, Tri-Cities leads mainly came from Nashville and the metro area. Knoxville attracts current Nashville residents, while Springfield draws inquiries from other Midwestern metros like Chicago and St. Louis.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">State-level trends were largely similar. Illinois renters looked at rentals in Illinois and neighboring Midwestern states, while North Carolina and Georgia residents inquired about places in the South. Most New York renters also sought apartments in New York or New Jersey.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Colorado was a bit of an outlier\u2014renters were divided between moving to other areas of the state and getting out of the West. A good chunk of Colorado renters looked for apartments in Missouri, Oklahoma, Wisconsin, Kansas, and Texas, but 49% wanted to stay in the state.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The following states had the highest inbound lead delta:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span data-preserver-spaces=\"true\">Delaware (30.38%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">North Dakota (29.53%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">South Carolina (28.99%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">New Hampshire (26.32%)<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Mississippi (25.16%)<\/span><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">How Migration Impacts Real Estate Markets<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Typically, when more people are migrating into a city than moving out of it, the demand for housing increases. Sometimes, growing cities can accommodate the demand to an extent before prices start to rise. But often, supply can\u2019t keep pace with demand, so prices rise in areas that are getting more popular. When that happens, residents start to get pushed out of the area to nearby cities with more affordable housing.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">How Migration Data Can Inform Investors<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Real estate trends in Austin, Texas, illustrate how investors can strategically plan for anticipated market changes. The&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.austinchamber.com\/blog\/02-08-2022-migration\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">fastest-growing metro area<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;in the U.S. has seen rapid in-migration in part due to Silicon Valley tech businesses looking for less stringent regulations, more favorable tax rates, and a lower cost of living. That meant a booming job market that attracted younger workers while the city\u2019s vibrant culture sustained them.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But as demand for housing in the area increased, prices did too. Austin\u2019s median listing price now stands at $644,000, 8% higher than last year. It didn\u2019t take long for the cost of living to rise above the national average, too. Businesses that didn\u2019t have to pay corporate tax may have stayed put, but residents with lower incomes began to move to nearby areas.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">This past year, Austin fell off the top ten list of the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/realestate.usnews.com\/real-estate\/slideshows\/25-best-places-to-live-in-the-us\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">U.S. News Best Places to Live<\/span><\/a><span data-preserver-spaces=\"true\">, not because it\u2019s no longer desirable\u2014but because it\u2019s no longer offering a relatively low cost of living. And in pandemic times, job opportunities in an area mean less to prospective residents since so many Americans have the option of working remotely.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">So, as the migration report reveals, Austin renters are seeking apartments elsewhere. That means nearby areas like San Antonio are growing rapidly in popularity. In fact, rising rent prices have already hit San Antonio, one of the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.mysanantonio.com\/realestate\/article\/San-Antonio-rent-apartments-increase-17299385.php\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">top ten cities<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;where rent is increasing the fastest. San Antonio\u2019s lead delta was a positive 6.10% in the second quarter of 2022, but if the trend continues, it could flip negative.&nbsp;<\/span><\/p>\n\n\n<div class=\"tableauPlaceholder\" id=\"viz1661179657323\" style=\"position: relative\"><noscript><a href=\"https:\/\/www.rent.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" alt=\"Dashboard 1 \" src=\"https:\/\/public.tableau.com\/static\/images\/6Y\/6YPPWC8NN\/1_rss.png\" style=\"border: none\" title=\"\"><\/a><\/noscript><object class=\"tableauViz\" style=\"display:none;\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\"\/><param name=\"embed_code_version\" value=\"3\"\/><param name=\"path\" value=\"shared\/6YPPWC8NN\"\/><param name=\"toolbar\" value=\"yes\"\/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/6Y\/6YPPWC8NN\/1.png\"\/><param name=\"animate_transition\" value=\"yes\"\/><param name=\"display_static_image\" value=\"yes\"\/><param name=\"display_spinner\" value=\"yes\"\/><param name=\"display_overlay\" value=\"yes\"\/><param name=\"display_count\" value=\"yes\"\/><param name=\"tabs\" value=\"no\"\/><param name=\"language\" value=\"en-US\"\/><\/object><\/div>\n<p>                <script type=\"text\/javascript\">                    var divElement = document.getElementById('viz1661179657323');                    var vizElement = divElement.getElementsByTagName('object')[0];                    if ( divElement.offsetWidth > 800 ) { vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';} else { vizElement.style.width='100%';vizElement.style.height='727px';}                     var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>Outbound Migration by Metro &#8211; <a href=\"http:\/\/rent.com\/research\/migration-nation\/\" target=\"_blank\" data-type=\"URL\" data-id=\"rent.com\/research\/migration-nation\/\" rel=\"noreferrer noopener\">Rent.com<\/a><\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Staying Ahead of the Trend<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">As prices are constantly changing due to shifts in demand, it\u2019s helpful for investors to stay two steps ahead. As metro areas heat up, look to nearby areas with low price-to-rent ratios that will soon catch the wave. That way, you can find properties that will both appreciate more than average and capture increasing rents in the area.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">For example, Knoxville, TN, has a lead delta of 37.41% and a&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.bestplaces.net\/cost_of_living\/city\/tennessee\/knoxville\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">housing cost-of-living index<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;of 75. It\u2019s seeing the fastest-rising rents in Tennessee while moving up the U.S. News&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/realestate.usnews.com\/places\/tennessee\/knoxville\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best Places to Live<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;list.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Unfortunately, investors aren\u2019t clairvoyant\u2014it\u2019s essential to make sure the numbers work for today\u2019s conditions. But you also want to get as much insight as possible about what will happen tomorrow, and keeping an eye on migration trends is one way to increase your likelihood of success.&nbsp;<\/span><\/p>\n\n\n\n    \n  <div id=\"visibility-group-block_375fd9150866d64b433b3a4b550b57e3\" class=\"visibility-group alignwide  hidden\">\n        \n\n<div id=\"hero-block_f468fffe93f49c71749fe0a87c79c2e7\" class=\"first:mt-0 hero-block py-4  alignwide   has-background has-slate-200-background-color has-text-color has-theme-gold-color\">\n    <div\n        class=\"gap-10 lg:gap-20 flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 lg:w-1\/2 \">\n            <main class=\"py-4\">\n                \n\n<p class=\"has-slate-800-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">Find the Right Agent, Close the Best Deal<\/p>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:18px\">Step #1: Use Agent Finder to match with top <em><strong>investor-friendly<\/strong><\/em> real estate agents to help you find, analyze, and close your next deal.<\/p>\n\n\n\n<div id=button-custom-event-block_03e140b915f7099b4db426fb64afac59 class='button-custom-event'>\n      <a href=\"https:\/\/www.biggerpockets.com\/agent\/match\" x-on:click=\"window.analytics.track(&#039;Blog Block | B2C Marketplace Agent Finder&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/this-city-saw-the-highest-net-migration-in-the-us-this-year&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-blue-background-color has-text-color has-white-color\" target=\"_blank\">Find an Agent<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n                <div class=\"lg:w-1\/2 first:mt-0 relative h-full lg:flex lg:items-center\">\n            <img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  rounded-md hidden lg:block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2021\/08\/Marketplace-Blog-Blocks-Agent-v3.png\" alt=\"investor friendly real estate agent\" title=\"\">\n        <\/div>\n            <\/div>\n<\/div>\n\n  <\/div>\n  \n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n    \n  <div id=\"visibility-group-block_64dd31c79f00f\" class=\"visibility-group  \">\n        \n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"hero-block_64dd2875dba9d\" class=\"first:mt-0 hero-block py-4    has-background has-slate-100-background-color has-text-color has-theme-slate-color\">\n    <div\n        class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 w-full \">\n            <main class=\"py-4\">\n                \n\n<h3 class=\"wp-block-heading my-0 tracking-tight font-extrabold has-theme-slate-dark-color has-text-color has-large-font-size\">Join the community<\/h3>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-theme-slate-color has-text-color\" style=\"font-size:16px;font-style:normal;font-weight:400\">Ready to succeed in real estate investing? Create a free BiggerPockets account to learn about investment strategies; ask questions and get answers from our community of +2 million members; connect with investor-friendly agents; and so much more. <\/p>\n\n\n\n<div id=button-custom-event-block_64dd2888dba9e class='button-custom-event'>\n      <a href=\"https:\/\/www.biggerpockets.com\/signup\" x-on:click=\"window.analytics.track(&#039;Blog Block | Acquisition | Free Membership Signup&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/this-city-saw-the-highest-net-migration-in-the-us-this-year&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-blue-background-color has-text-color has-white-color\" target=\"_blank\">Sign Up<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n            <\/div>\n<\/div>\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n  <\/div>\n  <\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>People are moving. Out-of-state rental applications increased 42% between 2020 and 2021, according to&nbsp;TransUnion, as the pandemic and the resulting economic fallout have impacted both affordability and mobility. Americans are [&hellip;]<\/p>\n","protected":false},"author":613615,"featured_media":144326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7119,8],"tags":[],"class_list":["post-144324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-daily","category-real-estate-trends"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/144324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/613615"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=144324"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/144324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/144326"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=144324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=144324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=144324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}