That's according to a national report for 2008 by Relocation.com, and found in a recent article in the Las Vegas Review Journal. Las Vegas ranked as #1 relocation destination in big-city long distance, out-of-state moves. They're predicting it will remain on top again for 2009.
The only issue I have with the article is the general media's insistence on saying that Las Vegas has 'lost' 10,000 residents in the last year. The county bases it's population estimate using a formula that includes the number of vacancies, which would include the increase from foreclosures. They have also said that because many could have moved in with family or friends, the population decrease may not be as dramatic as this amount. Still, the media seems to want to blast the gloomy figure and side-steps the county's admission that their estimates are just that...estimates.
Jeremy Aguero of local consulting firm Applied Analysis also has been quoted with another potential explanation that also doesn't get much press. He seems to think that it's possible that previous year's estimates may have been high and there isn't any actual population loss. I think we'll have to wait until the actual 2010 census head-count to have a closer idea of what the actual population is.
For the story they also tracked down some of the new Las Vegans to find out their reasons for moving to the valley. Some of them included that they find Las Vegas full of opportunity in spite of the national economic downturn. It even quotes one as saying he feels Las Vegas will be booming again once the economy recovers.
Other reasons include the climate, and our sunny mid January temperatures that have been running in the mid 60's as of late, likely reinforces that thought. They also include the vibrance of Las Vegas and how it compares to other large cities. Another mentions the "sheer volume of activities", that supports what I've recently posted about Las Vegas....the "there's nothing to do but Gamble" is a myth.
If you are interested in relocating to Las Vegas or would like more information on Las Vegas real estate, please email me, Roberta LaRocca, at roberta@search4lasvegashomes.com,
or call 702-354-8988. I look forward to hearing from
you!
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With every month of 2008 hearing home sales up this shouldn't be a surprise that Vegas is on top. There have always been a certain amount of transients here and the economy may have bumped that up some. I think Aguero is probably right that the numbers were a little high in earlier years. Cracks me up that the news always has to blast some downer even when this population thing is just a guess and they don't tell that the county says the number can be off.