Mountain Division: A State-by-State Comparison of Market Turnover and Size

This chart compares housing turnover (turnover rate, yellow line) against market size (total households, purple bars) across the Mountain Division states. It shows that market activity isn't tied to size, Wyoming, the smallest state, has the highest turnover rate (4.1%), while Arizona, the largest, also shows a robust 3.7% rate.

Housing Turnover Rate = (Homeowner Households That Moved 12 months ago/ Total Households) x 100

This is based on the U.S. Census Bureau's ACS data instantly analyzed in CensusVision. Unlike property sales data which shows what sold, this data reveals who is moving. This lens allows lenders to drill down into the demographic and economic details of new homebuyers.

For lenders, this insight is a strategic roadmap. Use it to:

• Manage Risk: Monitor turnover rates as a key indicator of market health. A declining rate may signal a cooling market that requires tighter underwriting, while a rapidly increasing rate could indicate a speculative bubble.
• Align Products: In markets with high-income movers, strategically promote products like jumbo loans.

This people-first view of the market enables smarter targeting, more precise risk management, and more effective resource allocation.