Louisiana has 29th-highest share of homeowners likely to relocate

Louisiana ranked No. 29 among the 50 states and District of Columbia in the percentage of its homeowners planning to pull up stakes in the coming months, according to an analysis of mortgage data by ATTOM Data Solutions.

The ATTOM Data second-quarter pre-mover housing index is based on information from loan applications on residential transactions involving single-family homes and condominiums in the state. An index exceeding 100 means the state will likely see a higher rate of home sales within its borders in the third quarter than the national average.

Louisiana, whose residents own more than 1.1 million homes, had a second-quarter pre-mover index of 86, up 5 percent from Q2 2017, when the index stood at 82.

“A higher pre-mover index bodes well for local real estate agents, home improvement stores, moving companies and others that benefit from the halo effect of a home sale,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.

The data doesn’t necessarily mean that those planning to relocate are leaving the state, according to ATTOM Data.

States where rate of anticipated home sales is highest

State Single Family Homes & Condos Q2 2017 Q2 2018 YoY Change in Index Trends
North Dakota 40,832 90 275 206%
District of Columbia 165,697 235 232 -1%
Illinois 3,510,007 215 193 -10%
Nevada 926,550 180 164 -9%
Virginia 2,518,701 160 163 2%
Colorado 1,756,311 136 147 8%
New Jersey 2,763,682 102 133 30%
Florida 7,357,449 131 133 1%
Delaware 306,417 161 130 -19%
Maryland 2,113,928 116 127 10%
Utah 776,720 117 124 6%
Georgia 3,529,746 117 121 4%
Arizona 2,135,092 128 119 -7%
Connecticut 1,069,575 95 118 25%
Kansas 731,656 99 116 17%
Missouri 1,571,928 117 110 -6%
South Carolina 1,674,346 101 105 3%
California 9,011,034 92 103 12%
Idaho 326,790 101 99 -3%
North Carolina 3,147,909 100 99 -1%
Texas 7,095,546 93 95 2%
Tennessee 2,670,651 108 94 -13%
Maine 285,141 74 92 23%
New Mexico 551,012 75 91 22%
Pennsylvania 3,816,455 103 91 -11%
Wisconsin 1,494,047 92 91 -1%
Minnesota 1,479,457 102 89 -13%
Nebraska 432,959 95 89 -6%
Louisiana 1,121,546 82 86 5%
Kentucky 756,562 127 86 -32%
Oregon 1,065,186 90 85 -6%
Arkansas 848,957 83 82 -1%
Indiana 2,080,373 84 80 -6%
Alaska 146,155 44 79 78%
Ohio 3,550,018 90 75 -17%
New Hampshire 425,657 52 72 39%
Washington 2,139,918 93 67 -28%
Wyoming 100,229 88 67 -24%
Michigan 3,209,786 52 64 22%
Oklahoma 1,146,917 67 62 -7%
South Dakota 57,428 111 60 -46%
Rhode Island 291,180 66 60 -9%
Montana 206,045 39 59 51%
Alabama 1,385,688 53 58 10%
Mississippi 579,871 59 55 -7%
Hawaii 454,767 33 54 67%
Massachusetts 1,874,710 49 54 10%
New York 3,640,248 48 45 -7%
West Virginia 537,945 48 44 -8%
Iowa 813,972 47 37 -21%
Vermont 287,435 8 8 11%
U.S. Total 91,813,286 100 100

Source: ATTOM Data Solutions

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