The real estate recession, which has frozen more then 10 percent of homeowners in their homes, has slowed domestic migration dramatically in many states in the South and West, including Nevada, Arizona, Idaho, North Carolina, South Carolina and Montana.
According to Census Bureau estimates several states have negative net domestic migration, which means more people are moving out than moving in. Florida and Nevada, which earlier in the decade had net inflows, are now experiencing net outflows. Florida and Nevada have consistently ranked among the top states for foreclosures during 2009. Florida lost about 31,000 this past year, on top of a 19,000 loss in 2008.
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