Statistics show more people are leaving Florida

Statistics show more people are leaving Florida


TAMPA, Fla. (WOFL FOX 35, Orlando) -- It's after 5 p.m., but Atlas Van Lines agent Bob Glenn is still taking phone calls at his moving company, Atlantic Relocation.
Most of the quotes he's fielding these days are to destinations like Texas, North and South Carolina and Tennessee. This is great news for the Real Estate Markets in these areas.

He says it is part of a new trend where more residents are moving out of the Sunshine state than moving in. "It's the first time it's been flipped. Usually there's more people coming into Florida," Glenn notes. The times, they are a-changin'. A migration study released by Atlas Van Lines shows the reversal started in 2006. It got worse in 2007, as the company moved 7000 households out of Florida, compared to 5800 moving into the state. A big part of the problem is a real estate market in crisis, and a lack of opportunity.

"Nowadays it seems [with] the cost of homeowners insurance and property taxes, young families and seniors on fixed incomes, can't seem to afford it anymore," Glenn says.
The Atlas migration study mirror findings recently released by the U.S. Census Bureau. The agency says Florida slipped from the fourth fastest growing state in the country, to the 19th. It also had growth below the overall average in the south. But make no mistake, the Sunshine State is still growing by leaps and bounds, according to the same census data.

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