Looking to Sell Your Home Fast & Leave California for Better Quality of Life?
According to recent study conducted this year by US News, California ranked dead last in quality of life. Yes, despite the beautiful sunny coastline, redwoods, and famous Beverly Hills…our beloved Golden State ranked the worst in the country. While this study doesn’t take absolutely everything into account when ranking the country’s states, it does focus on two primary sets of metrics: the natural environment and social environment. While the natural environment statistics include things like air quality and pollution, the social environment metric measures items like social support and community engagement.
If you’re sitting here reading this and thinking to yourself “this can’t be, California should be ranked higher” – do not be upset. California did rank highest in business environment and outranked many other states for economy and healthcare as well.
If you’re hearing this and nodding your head “yes” – things like terrible traffic problems and congestion, cost of living, and lack of community engagement may be flashing in your mind. No matter which of these things may be contributing most to your desire to relocate and move out of the Golden State and ultimately sell your home fast, all reasons are justified depending on what’s important to you. Most folks who choose to sell their homes in San Diego to move out of state are looking for exactly what this study discusses, better quality of life. Find out how “better quality of life” is defined for California homeowners below.
Things Leading to Homeowners Moving Out of California
Between 2007 and 2016 alone, a million more people left California than have moved in from elsewhere! Where are they going, you ask? Well, the majority of people are headed to the sunbelt region of the country where taxes are lower: Texas, Arizona, Nevada and Oregon. Here are some of the reasons why homeowners and other residents are fleeing to other states:
- Housing problem/cost of living
- High state taxes (some of the highest in the country)
- Traffic in urban areas continue to get worse
- Wildfires, mudslides and other natural disasters
A general theme seen in migration to and from California is that low income folks moved away and out (those making $55,000 or less) and high income folks moved in (who are making $200,000 or more). Ultimately, San Diegans and others in California are desperate for more financial stability.
The Polls are in: Move Out of State for Lower Taxes and Higher Quality of Life?
If you’re one of the million people who will migrate out of California this year to another state for reasons related to state taxes, housing affordability, traffic, or really any other reason…then you now need to decide how you’d like to sell before relocating. Or if you aren’t going to sell and instead would like to rent the property out, who will assume landlord duties?
Most people who are looking for a fresh start in a new place will likely be looking to sell fast before the “big move.” Not only does selling your current home in San Diego cut your tax burdens in the Golden State, but you’ll also unlock potential needed equity for your new forever home.
There are a lot of resources out there about what you can do to make the move out of state smoother, but when it comes down to it, selling a house always brings an element of stress. Having to pack up your life, get your home ready to sell with cleaning and repairs, and then work through a real estate transaction can be burdensome. Consider whether you’d like to a) list the house with a realtor, b) sell the home direct to a home buyer, or c) list it yourself.
If you’re looking for the simplest and quickest route in selling, we encourage you to reach out to one of our home buying specialists to review your options and to receive an offer for your property. Your home can be sold in as little as a week with literally no out of pocket costs to you – that means that the offer you receive is exactly what you would net and take with you on your move.