It’s difficult to keep up with all of the happenings here in Las Vegas and all of the people moving to town! There were 96,618 driver’s license surrenders in 2022.
Most surrenders came from California ranked at number 1.
1. 40% of Surrenders came from California
Professor Stephen Miller of the UNLV Center for Business and Economic Research has been tracking the trends for years.
“We’re back to the pre-Great Recession scenario. People are retiring in California, and they have a lot of their wealth tied up in equity. They sell their house, they move here, or to Salt Lake or to Phoenix. They buy a house maybe not be quite as grandiose as they had or is a reasonable facsimile their house in California. And they still have a lot of money left over,” Miller said.
WHAT IS MY HOME WORTH?
Selling your home?
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