Tennessee is the Number 1 Move Destination due to COVID (per U Haul) (Knoxville: sales, real estate)

[shinestx]

From the Tennessean.

U-Haul says Tennessee leapfrogged Florida and Texas as their #1 destination for new moves in 2020.

https://www.tennessean.com/story/mon...es/4130347001/

State saw a 12% jump in new moves over previous year.
Knoxville had a 23% jump. Nashville, Clarksville and Murfreesboro were close behind in percentage increase.

United Van Lines places Tennessee at #7 for moves they did in 2020, jumping from 11th in 2019.

[JMT]

Originally Posted by shinestx

From the Tennessean.

U-Haul says Tennessee leapfrogged Florida and Texas as their #1 destination for new moves in 2020.

https://www.tennessean.com/story/mon...es/4130347001/

State saw a 12% jump in new moves over previous year.
Knoxville had a 23% jump. Nashville, Clarksville and Murfreesboro were close behind in percentage increase.

United Van Lines places Tennessee at #7 for moves they did in 2020, jumping from 11th in 2019.

In addition, the article says, "Knoxville, Johnson City, Cookeville, Clarksville, Cleveland, Murfreesboro and Maryville were top picks for newcomers traveling with U-Haul." The growth has been fairly widespread throughout Middle and East Tennessee which isn't surprising for those of us who've been around Tennessee for a while. It was bound to get discovered beyond Nashville.

[Canadian2021]

Glad to hear. Its a favourable state to move as I had my doubts when ai was offered a job.

[rossn2]

Watch, with all those move-ins from other states, Real Estate pricing will escalate and locals in the areas will start complaining they can't afford housing..Happening in San Antonio, TX

[VinceTheExplorer]

Originally Posted by rossn2

Watch, with all those move-ins from other states, Real Estate pricing will escalate and locals in the areas will start complaining they can't afford housing..Happening in San Antonio, TX

Been happening here locally for years (we’re in Erwin, TN). Just creeping this way faster now due to the pandemic.

Just over the mountain 30 minutes away in the Asheville, NC area builders are charging $400+ per sq ft for new builds and are as busy as ever. Original and dated 900 sq ft 2/1 homes on tiny lots with carports are selling for $300k plus, as are the run down trailers out in the woods on less than an acre or two.

... and we all know what kind of circus the Asheville area has become now.

Folks in ETN want the same benefits like higher paying local jobs and general progression like new dining and retail options - which also brings higher property values and higher tax bills, but to also keep things “as they’ve always been”. You simply can’t have both once an area becomes discovered and desirable, although many for some reason think you can.

Just hoping the area here stays a deep to moderate red and doesn’t become another version of the Asheville area. Part of the desirable aspect here for us is that it’s the opposite of over the hill, which lets us raise our family without all of the distractions, nonsense and craziness happening there now.

Keeping our doors unlocked at night and enjoying the outdoors as a family like we did growing up is a priority for us. If that were to ever change (too drastically) we’ll be selling too and moving on.

[LegoLover]

Originally Posted by rossn2

Watch, with all those move-ins from other states, Real Estate pricing will escalate and locals in the areas will start complaining they can't afford housing..Happening in San Antonio, TX

Already has, especially in West Knoxville.

[jjbradleynyc]

This is pretty interesting. Wow, #1 out of every other state.

Tennessee has always been a stunningly beautiful state, especially in summer and fall. Also, when winter snows fall, the mountains can be magical in some way.

I think the tourism in Tennessee has been building and building over the years, and numbers increasing. The word has gotten out that it is a stunning state geographically, low cost, super friendly people and tons of outdoors, as well as on the local town scale, of things to do.

Quality of life can be high if looking for simpler things, low cost, and a lower key vibe.

I moved back to East Tennessee for almost 3 years from 2017 to 2020, after being away for 20 years. I could see the momentum and constant change during that time for the tri-cities, that had never been present before in that area. Johnson City, Bristol and surrounding areas have a "growth buzz" about them.

Everyone (almost) I've ever spoken with who visits Tennessee absolutely loves it, and wants to go back.

Something about that state sets it apart from others in the southeast, in terms of memorable feelings and experience.

I think it's the people

[CopperMS]

Originally Posted by Canadian2021

Glad to hear. Its a favourable state to move as I had my doubts when ai was offered a job.

Not glad to hear. Sustain this rate of influx for a few years, and watch what it turns into.

[Canadian2021]

Originally Posted by CopperMS

Not glad to hear. Sustain this rate of influx for a few years, and watch what it turns into.

It may turn into Toronto. Due to immigration and constant influx of people coming in. 1500 sqft town house costs around 1m plus

[shinestx]

Originally Posted by rossn2

Watch, with all those move-ins from other states, Real Estate pricing will escalate and locals in the areas will start complaining they can't afford housing..Happening in San Antonio, TX

Been happening for several years in Chattanooga, but during 2020 there was a noticeable spike in both construction of SFH and MFD and in the sales prices of homes. We're looking on average now in HamCo of sales prices in excess of $100 per sf.