Survey: Portland Has Second Highest Share of Location-First Movers

Survey: Portland Has Second Highest Share of Location-First Movers

A recent Apartment List survey found that 69% of renters who move to Portland are “location-first” movers. That is the second highest rate among the 33 largest cities in the US. Apartment List defines “location-first” movers as those who move to the city where they want to live and then look for a job. Alternatively, renters who move to a city because of a specific employment opportunity are called “job-first” movers. Las Vegas has the highest share of location-first movers, while San Jose has the highest percentage of job-first movers. The survey also found that over 40% of renters in the Portland Metro Area plan to settle down here, rather than moving to a less expensive metro. Read more.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com