A Different Angle on Relo Business

Mortgage and Lending with Equity Resources NMLS 67179 Licensed in NC

In NC - at least in my little corner - it seems like most of our business is from folks who are relocating here.  Many Many years ago a friend of mine told me that one of the first things you notice in a relo market are the license plates...plates  kinda' like that game you use to play when you were a kid going on vacation... how many different states did you see each day?

Well - I've been seeing a TON of out of state plates - so last week I decided to keep a list of the ones I saw right here in the Triangle:

Ohio, Michigan, California, Louisianna, NY, NJ, SC, Georgia, Oregon, Texas, Tennessee, West Virginia, Washington DC, Delaware, Illinois, Iowa, Virginia, Kentucky, Florida (saw 4 different types of Florida tags!), Pennsylvania, Maine, Missouri, Alaska and Arkansas... oh yeah - and I saw a ton of NC too!

Now this might be normal in all metro areas - but I thought it was interesting given the cost of gas!  I did not see as many rental cars as I thought I would - maybe someone has some insight?



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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

Living in the DC are we see tons of different license plates.  With all of the military folks who like to keep their home of record in another area we see Florida, Texas and Alaska alot.  But the ones that we have that you don't see to many other places are the Diplomat Plates

Jun 15, 2008 06:34 AM #1
Justin Williams
Independent - Virginia Beach, VA
Loan Officer

We have had a lot of people from Virginia move to NC because of the recent economy, hey we are neighbors and I love going down to the OBX to Hang Ten :)

Jun 15, 2008 07:35 AM #2
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life

Eleanor - I don't have any insight other than NC Rocks!  Living there for 2 years myself, I can see why folks are relocating there.  It's a hotbed and I'd be willing to bet that certain parts (specifically the triangle) are amongst the fastest growing spots in the Country.

Jun 15, 2008 09:05 AM #3
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Eleanor - Nice observaton!  I can honestly say that I have only had one buyer in the last 2 years that was from NC.  Therest have all been from out of state.  I have asked each and every one what made them decide on NC and they all say that they have "heard so much about it" and it was "easy to find a job" and the "size of home and quality of life that they get for the money" is no where near what they would get where they were from.  Personally?  It has to be our sugary sweet dispositions! ;)

Jun 15, 2008 11:47 AM #4
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Eleanor Thorne

Equity Resources 919-649-5058
I Answer Questions :)
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