Do Americans love your city?
Although there are much more accurate economic indicators to analyze in real estate, desirability is important to the overall health of a city’s real estate sector. If people are flooding out of your area, there’s a chance that real estate is or will be hurting whereas if people flood in, the opposite is true.
Is your city diverse or is it reliant upon singular industries? Are people transferring in for work or for the geography? Are people transferring out because of overcrowding or price of living? What is causing relocations in and out of your city?
Moving in and out:
The red lines indicate people relocating out of the city and the black lines indicate people relocating into the city. Below are three cities, two of which have heavy red lines (people leaving) while one has heavy black lines (people coming). Click any image below to enlarge.
The interactive mapping tool from Forbes not only makes for great blog fodder for real estate blogs, it is a great chance to explain to your blog readers what makes your city great!
