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NAR: Half of new Georgia residents from Tennessee

by Timothy Inklebarger

NAR: Half of new Georgia residents from Tennessee

An estimated 8.93 million have relocated since the start of the pandemic, according to a new report by the National Association of Realtors, but Georgia’s population stayed relatively flat, increasing by only 29 residents between March and the end of October.

NAR reports that Alabama was the top destination for those leaving the state at 24%, followed by South Carolina at 20%, Tennessee at 16%, North Carolina at 16% and Colorado at 9%.

The vast majority (50%) of those moving into the state came from Tennessee, followed by Texas at 14% and Alabama at 6%.

The report noted that the populations of large cities have declined the most during the pandemic.

“Specifically, we see people moving out of some of the country’s most popular areas and relocating to the suburbs,” the report noted. “This means that most people moved close to their home.”

That’s good news for counties near big cities, according to the report.

So what’s in store for 2021 with the promise of a vaccine on the horizon? NAR reports that many companies have chosen to work from home permanently, so migration patterns seen during the pandemic are likely to continue.

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