DIRS.INFO The most relevant business & tech news

☆ New Yorkers who make six figures won't save as much moving to Texas and Florida anymore
▼ + stars: | 2024-03-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

New Yorkers have historically moved to Florida and Texas to save money on taxes and other expenses. AdvertisementIn December, Rahul Sen Sharma told Business Insider that he was moving from New York to Miami — and bringing his company with him. New Yorkers moving to Texas for many of the same reasons will also face sticker shock. The savings gained by moving to Florida and Texas are dwindlingUtilities, gas, and housing are just a few expenses that have gotten pricier in Florida and Texas since 2019. "The property-tax percentage rate is higher," Marie Bailey, a Texas real-estate agent who moved from California, told Business Insider's Alcynna Lloyd.

Persons: —, Rahul Sen Sharma, Sen Sharma, BI's Phil Rosen, Jeff Bezos, Ken Griffin, SmartAsset, Dallas, Alexander Spatari, Realtor.com, Jaclyn DeJohn, SmartAsset's, Wager, Robert Walsh, Marie Bailey, Insider's Alcynna Lloyd Organizations: Service, Miami —, Bloomberg ., New, Miami, relocators, Miami . Miami Beach, Bloomberg, Business, Sunshine State, CBS, Fort Locations: Florida, Texas, New York, Miami, NYC, Austin, Florida and Texas, Dallas, Miami ., Manhattan, Fort Lauderdale , Florida, Fort Lauderdale, California

☆ It seems like everyone you know is moving. But our grandparents' generation actually did it much more.
▼ + stars: | 2024-02-10 | by ( Erin Snodgrass | Alcynna Lloyd | ) www.businessinsider.com time to read: +9 min

But while overall migration is down, state-to-state moves are slowly on the rise again. Nearly 20% of all Americans moved each year from the mid-1940s through the 1960s, according to census data . The Great Recession in 2008 hobbled the economy and slowed migration, sending the overall rate to 11 or 12%, according to census data. Getty ImagesLong-distance moves are on the upWhile the overall migration rate is low, big moves are slowly on the rise. Younger people are more likely to make big moves, according to census data.

Persons: —, James Gregory, Gregory, Gregory said, Jim Crow, Gregory . Migration, deindustrialization, Brookings, Matthew, he’s, Rose Kemp, millennials, Florida ., X, Zers, Marie Bailey, Dallas, ” Bailey Organizations: Service, University of Washington, Gregory ., Brookings Institution, Golden State, realtors, Community Survey, Realtors, Business, Matthew Bank, ” Bank, Orlando Regional Realtor Association, Survey, University of Minnesota's Locations: Texas, New York, California, Florida, Detroit, California , Oregon, Washington, Midwest, nonresponse, Golden State for Texas, Georgia, X . Texas, migrators, millennials, homeownership

☆ People are leaving Texas over rising costs, partisan politics, and a sense of disenchantment
▼ + stars: | 2023-11-26 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Business Insider wants to hear from you. Over 494,000 people left Texas between 2021 and 2022 (though the state gained a net population of 174,261.) "The property tax percentage rate is higher," Marie Bailey, a Texas-based realtor who moved from El Segundo, California, to Prosper, Texas, in 2017, previously told Business Insider. AdvertisementFor Texans, "the Midwest has emerged as popular recently because it is just by and large the most affordable region," Hannah Jones, Realtor.com's economic research analyst, told Business Insider in October. Burse told Business Insider in September that it played a crucial role in her decision to relocate to Texas in 2021.

Persons: —, I'm, I've, we've, Marie Bailey, Hannah Jones, they've, Jackie Burse, Burse, Bob McCranie, McCranie, Texas hasn't, Nick Thomas, he's, Thomas, Jules Rogers, hadn't, Rogers Organizations: Texas, Business, Service, Lone Star, Lone, Lone Star State, KXAN News, Austin Locations: Texas, Knoxville, Realtor.com, El Segundo , California, Prosper , Texas, Marie Bailey As Texas, California, Dallas, New York, Florida, Florida and Texas, Austin, Los Angeles, San Francisco, Portland , Oregon, Houston, Pacific, Portland

☆ Californians who moved to Texas reveal the one thing that gave them sticker shock in their new state
▼ + stars: | 2023-11-16 | by ( Erin Snodgrass | Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

But while housing and gas is significantly cheaper in Texas, property taxes are typically higher. "Every time a prospective client calls me, it's one of the first things I talk about," Bailey told Business Insider. But while housing, gas, and grocery prices tend to be lower in Texas, California has Texas beat when it comes to property taxes. In her work as a realtor, Bailey said she typically sees property tax percentage rates in Texas sitting between 1.6% to 2.7%. Advertisement"Considering I could never afford a house at all in California, property tax or not, it's a non-issue for me," Crossan said.

Persons: —, Marie Bailey, Bailey, Janelle Crossan, Crossan, Charles Denson, Gill, Denson, " Denson, Jennifer, Chuck Balek, Jennifer Balek, Chuck Organizations: Service, Golden State for, Lone Star State, Business, Denson & Company, Texans Locations: Texas, Golden, Golden State for Texas, California, El Segundo , California, Prosper , Texas, Costa Mesa , California, New Braunfels , Texas, Texas , California, Camarillo , California, Rockwall , Texas, New Branfels

☆ I moved from California to Texas for a better cost of living and more conservative politics. Now I'm a realtor who helps others make the same move.
▼ + stars: | 2023-08-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

Marie Bailey moved from California to Texas with her husband and daughter in 2017. When we went on our first date together, we said: "One day we're going to leave California." We didn't want to pay that rent forever, so we were looking at how much houses cost in El Segundo. Bailey and her family were able to build their dream home in Texas for about the same price they sold their California house, she said. I was thinking maybe if I won a billion dollars, I'll get a beautiful beach house in California and go back.

Persons: Marie Bailey, Bailey, Trump, I'm, Trumper, It's, Prosper, she's, We've, it's Organizations: Service, Trump, Facebook, lotto Locations: California, Texas, Wall, Silicon, El Segundo , California, Prosper , Texas, Fullerton, Orange County, Seal Beach , California, El Segundo, Los Angeles, Florida, Arizona, But Texas, Frisco, Rockwall, Fort Worth, Celina, Prosper, Dallas, Seal Beach, New York, Chicago, Havana

Search resuls for: "Marie Bailey"

5 mentions found