iCrowdNewswire Mar 3, 2021 1:00 PM ET
Over the last few years, Travis White Newport Beach Real Estate has expanded beyond his general area to begin investing in Idaho. Many of his contemporaries thought he was crazy at the time. However, Travis White Newport Beach Real Estate has always been a bit ahead of the field and can quickly understand various trends.
The Reasons Behind the California-to-Idaho Exodus | Travis White
His instincts proved right – a growing number of California residents are moving out of the state. Recent early examinations of the Census found that more people were moving out of the state for the first time in many years than into it. Travis White Newport Beach Real Estate was not surprised by this change because it is one that he has predicted to begin occurring very soon.
The most significant influence behind this change is the overpopulation of the state. While there are many relatively rural areas of the state, Travis White Newport Beach Real Estate knows that most people move to Los Angeles or San Francisco. As these areas become more populated and vital for the region, Travis White Newport Beach Real Estate predicted a tipping point would occur.
This tipping point is centered around a few factors – availability of properties, property purchase or rental costs, population density, and available work. And while Travis White Newport Beach Real Estate knows that California still provides many jobs, property costs and population density has become much too high. As a result, many Travis White Newport Beach Real Estate customers are selling and heading to Idaho out of the state.
This growth has become exponentially higher since the outburst of the Covid-19 pandemic – since March 2020, 194 percent more people move to the state than out of it. And thousands of these individuals came from California. Travis White Newport Beach Real Estate fully understands why so many people choose this area and have jumped on the possibilities to expand real estate options.
First of all, Idaho is both relatively light in its population density and more urban than many may think. Travis White Newport Beach Real Estate knows that cities like Boise attract those who want a slower-paced urban life, which still features many jobs. And while the state is less populated than California, Travis White Newport Beach Real Estate also points out it is nowhere near as sparse as Montana or North Dakota. These two states often feel too remote for many people.
For the average Californian, Idaho balances less populated living with more potential for an urban lifestyle. Travis White Newport Beach Real Estate has heavily invested in property around here for this reason and has heavily marketed it to those in California who are struggling. Travis White Newport Beach Real Estate has found that millennials love the change to Idaho life in particular.