My wife and I are in the middle of our first cruise, and I apologize for the recent silence in this spot. We are on the Celebrity Equinox out of Miami and currently docked in New Orleans. This is the line’s New Orleans Jazz Festival cruise, but the lineup at the festival is underwhelming, and therefore we may opt to do the things that people do in New Orleans –- eat in the city's famed restaurants and catch some great music in the local clubs.
        Speaking of clubs, my golf clubs are back in Florida at my son’s house in Vero Beach awaiting my return. There is not even a tee and net on the Equinox, although I noted in the daily update newsletter a putting contest on the lawn that sits atop the top outer deck at the front of the 15-story ship.  Despite no access to golf, I am having a relaxing time on this initial cruise; the service is terrific, the food is always good enough and sometimes excellent, and the deck outside our stateroom is an excellent place to contemplate life – as well as the brand new set of irons waiting for me back in Vero Beach, a 70th birthday gift from Mrs. G.

EquinoxThe Celebrity Equinox holds 3,000 passengers, but we have had no problem with wait times for meals and drinks, both of which are plentiful.
        I have finally come to my senses and ordered irons with graphite shafts. Kris, the club fitter at Moon Golf in Vero Beach, had me bang balls into a simulator screen with my own steel-shafted clubs about 30 times before grabbing a few different heads of irons and matching them to composite shafts that seemed best for my swing speed, which is best described as old-man inconsistent. After testing Ping, Cobra, Titleist and Taylor Made irons, the winners were Callaway Rogue irons, numbers 6 through sand wedge. I will match them with an XXIO #5 hybrid and, at least for a few weeks, a Titleist #3 hybrid that I have pretty much beaten into submission over the last six years. The shaft on that club is considerably stiffer, although still nominally “regular,” than the shafts on the new Rogues. But I expect to get a new #3 hybrid soon.
        There is nothing like a new set of golf clubs to make you believe a lower handicap is a few rounds away, and nothing like a cruise to make you put aside golf for a couple of weeks and, yet, anticipate with great zeal that next round.

        My own two eyes and ears corroborate what a recent analysis by the Joint Center for Housing Studies at Harvard University indicates; that after decades of declining interstate migration rates in the U.S., millennials and baby boomer relocation from one state to another have increased since the Great Recession.
        I write this from Pawleys Island, SC, where I am staying in a vacation home I have owned since 2000. Our condo was new at the time, and for the ensuing few years, developers and individual lot owners built new homes at a very modest rate. New construction and most resale activity dried up just before the Great Recession of 2009 and for the following five years. But now, I am hearing from local Realtors that inventories are low here at Pawleys Plantation and in the wider area, and as I make my way around the Jack Nicklaus golf course, I see at least a half dozen homes under construction. Recently, a local developer bought up the only multi-lot tract of land in Pawleys Plantation and is building a group of about 30 homes beside the 18th fairway, a short walk to the clubhouse and first tee. A couple of them sold in the first week they were offered.
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The United Van Lines Migration map for 2017.  For more, click here.

        I am hearing similar stories from real estate professionals I work with across the Southeast and, indeed, I have seen an uptick in recent months in the number of baby boomers asking me for assistance in their searches for golf-oriented homes. All of that confirms the Harvard organization’s data that, among other things, indicates what most of us know intuitively, that folks are moving from North to South to escape the cold winters and the comparatively higher cost of living.

        “Many states with positive in-migration in 2012, such as Florida, Arizona, and South Carolina,” the authors of the study write, “saw even greater in-migration in 2016. In contrast, several states – notably California, New York, and Massachusetts – that had negative flows in 2012 had even greater negative flows in 2016.”
        Other analyses confirm the data. One of our favorites is the annual United Van Lines Migration  tudy that charts actual movements from one state to another, which shows significant movement from the Midwest and Northeast to the Southeast and selected states outside the region (Vermont, among others in the Pacific Northwest). 
        If you have been considering a move to the Southeast, especially the Carolinas, Georgia and Florida, waiting much longer could become expensive. Even if you are not ready to take the plunge on a single-family home, the purchase of a vacation home now could put you in line for some appreciation that will set the stage for an upgrade later on. Of course, national economic factors could change things but, as it looks right now, the time may be right for a purchase.
        Thanks to our friend Keith Spivey for alerting us to the Joint Center report.
Pawleyshomeby18thgreenThe model home of 30 new ones to be built along the 18th fairway at Pawleys Plantation in Pawleys Island, SC.