Why did so many buyers move to South Carolina in 2015?
South Carolina consistently ranks very high in the annual United Van Lines Movers Study and in this article we share the reason why so many buyers moved to SC in 2015.
Everyone knows South Carolina for the beaches, so why wouldn’t people want to move here and especially from up north to escape the cold and snow. United Van Lines stated “Southern states saw a high number of people moving in with 53% of total moves being inbound”.
United Van Lines states these top reasons for moving to the South:
- Transfer / New Job
- Proximity to Family
South Carolina Ranks High in the 2015 Movers Study!
So what makes SC consistently rank high in the Migration/Movers Study year after year and ranked #2 in 2015? According the survey the reasons for the inbound moves to SC were retirement, health, and being close to family. The percentages for SC were 63% inbound and 37% outbound which is why SC ranks 2nd in the national study. New York and New Jersey rank with the highest moving deficit which make them the top or worst outbound states and a lot do move to South Carolina.
South Carolina Offers So Many Things To Do
The Palmetto state offers beach living, the Appalachian Mountains, world class golfing, lakes, manufacturing industry, military bases, farming, fishing, historic areas such as Charleston, and so much more. South Carolina’s weather and low cost of living attract many retirees. South Carolina even offers an exemption on property taxes for qualified 100% service connected disabled Veterans (learn how here).
Mortgage Products for South Carolina Buyers
Most of SC areas are USDA eligible which allows for first time or move up buyers to purchase with 100% financing. Vacation home buyers are able to use conventional loan financing to buy the chalet in the mountains, a house on the lake or river, and of course the beach house. With so many military bases in SC, VA home loans are very popular mortgage type and it allows service members and veterans to purchase with no money down or luxury homes with very little down and no monthly PMI.
We have a 5 star rating for a reason so trust us for your move to South Carolina!
Author: Russell Smith
Team Move OVM Financial loan officer success is Russell’s primary focus. He provides the tools and techniques he used as a top producing loan officer. Additionally he offers the Team Move OVM Financial Agent Training Program. Sharing is so important to Russell so he works diligently to be a resource to loan originators and Realtors.