The shifting population bases in the USA are indeed showing strong trends that are likely to continue shaping the country’s demographics and real estate landscape. As people move from one areas to another, it’s important to note the top ten states losing population versus those attracting people. There are significant implications for future real estate values.
Note the top ten states that are losing population versus those who are gaining new residents. This trend is likely to continue for the foreseeable future.
The migration trend is apparent on the Emerald Coast, and it’s likely still in the early stages. For instance, on Pensacola Beach, there are currently no new building permits, and it’s unlikely that new permits will be issued in the future. This imbalance between supply and demand is expected to continue driving real estate prices higher, a trend that is likely to extend across the entire Emerald Coast, from Panama City to Gulf Shores, Alabama.
To gain a deeper understanding of these trends and their potential impact on the real estate market, I look forward to providing guidance as a coastal property expert who specializes in the Emerald Coast area. With a strong emphasis on Pensacola Beach, the Portofino, and Navarre Beach, my goal is to provide you with valuable insights tailored to the specifics of this region, rather than relying solely on nationwide perspectives.
Ray Wedell
Realtor and Coastal Property Expert
LPT Realty.
850.614.5719
raywedell(at)gmail(dotted)com