How Job Growth and Moving Trends Help Identify Emerging Real Estate Markets

How are you keeping track of moving trends and potential emerging markets?

There are many changes going on and migration is one of them.

Most of the migration trends follow job growth, affordability and overall demand.

Although, demand consists of several factors, the end-result are the actual migration trends.

Of course, job growth is a leading indicator.

So where do you think job growth and migration trends are happening?

As an investor it is important to keep track of these trends.

Today we will review both, to help you determine the possible next emerging markets.

Let’s get started.

Job Growth

We will list the top 30 cities where job growth has been the highest from January 2022 to January 2023 per the U.S. Bureau of Labor Statistics.

Top 30 Cities Based on Job Growth (January 2023) 

• Texas (8), Florida (4) and Georgia (3), top the list.

Next, let’s review the moving trends courtesy of UHAUL’s annual publication of moving trends.

Moving Trends

2022 UHAUL Moving Trends

Conclusion

A common trend shows that Texas and Florida are currently highly sought locations.

• Which of these cities do you like based upon the data presented today?

There are more indicators that you’d want to consider when determining emerging markets.

See the following articles to help you determine the next possible emerging markets.

• How to Evaluate Emerging Markets
• 30 Sign of Path of Progress
• Population Trends: Path of Travel
• 5 Ways to Evaluate Rental Property
• Identifying Micro Market Investment Locations
• Unemployment Trends & Emerging Markets
• Also, choose from several investment tools here to help you simplify the valuation process.

Thanks for joining us today faithful readers – future leaders.

Love ya and continue to strive for growth.

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Please comment your favorite locations from these lists.