are coming from when moving to the U.S., and where Americans are
moving to in 2013
The improvement in the real estate market, especially
as it pertains to our local market, is due to an array of factors.
All encompassing, the result has been a drastic decrease in the
average days on the market until a property sells, while the
average prices and total volume of sales have skyrocketed in 2013.
A massive influence to these positive trends have been the influx
of buyers coming to our shores from overseas. Here at Gibson
Sothebys International Realty, we have noticed a severe uptick in
this phenomenon in 2013, especially from individuals coming from
China. Now, a nationwide study has just found that for the first
time in four years, there were more moves from China to the United
States than from the United States to China.
In total, the United Kingdom remains as the number one
location for people buying real estate and moving to our country,
just as it has done for seven of the past eight years. This study
was enacted by UniGroup Relocations International Migration Study,
with this firm having moved more than 260,000 families on average
each year.
Ever since 2010, UniGroup Relocation have been
tracking these statistics of moves to or from the United States and
all of the nations involved. Michael Stoll, an economist,
professor, and chair of the Department of Public Policy at the
University of California, Los Angeles, noted that, The U.S. only
saw a moving deficit to two of the countries on the top destination
and origin lists, demonstrating the U.S. economys international
strength. Indeed, it is truly a wonderfully positive realization
that our real estate markets and broader economy is still
considered an opportunity and a wise long-term investment,
something that the global populace is still keen to explore.
Some of the other key trends in the 2013
migration patterns included the following:
Europe – Both Germany and the United
Kingdom were the two top locations for both origin and destination
places. When compared to 2012, France moved from the fifth to sixth
position for destinations of U.S. nationals moving away, while
Italy stayed at the number thirteen spot, Switzerland at the number
nine ranking and Belgium fell to number thirteen from number twelve
in 2012.
Asia Pacific – For the destination
list, Japan moved to number seven from being in the ten slot in
2012. Hong Kong moved from the fourteen position to number fifteen
in destinations, while as mentioned above, China had a moving
deficit to the United States in 2013.
Central and South America – Regarding the
origins of where people are coming from when moving to the United
States, Brazil moved from the number twelve spot in 2012 to
fourteen in 2013, and was steady in the number eleven position on
the destination list. Chile was in the twelve position for the
destination list in 2012, but fell off of the top fifteen list in
2013.
More Information: RIS Media