All articles tagged with #california exodus
A new study by PODS reveals that three Tennessee cities are among the top 20 destinations people are moving to in 2024, with the Southern Appalachian region, including North and South Carolina, Tennessee, Georgia, and Alabama, being particularly popular. Myrtle Beach and Wilmington top the list, while Los Angeles leads the cities people are moving out of, with a notable exodus from California.
The luxury real estate market in Las Vegas is booming as more buyers, including celebrities like Mark Wahlberg and Dean Cain, are flocking to the city for its lower cost of living, no state income tax, and favorable property tax rates. The influx of buyers from California, who are seeking a change in lifestyle and better value for their money, has contributed to the growth of the luxury market. Gated communities like The Summit Club and MacDonald Highlands offer the luxury and security of Los Angeles without the high price tag. The trend has attracted developers and brands like Four Seasons, with their Private Residences already exceeding expectations. Las Vegas is transforming into an entertainment industry center, with plans to create thousands of jobs in the studio alone.