...Texas, Tennessee and Washington.” The migration habits of people are not helping either. Based on current data “more people are moving to fire-prone and flood-prone areas in the West and...
Read More »Search Results for: Migration
How Many Homebuyers Were Eager to Move in Q3?
...basis, this number is still higher than last year when it stood at 29.2% and 26% in 2019 before the pandemic. The migration analysis is based on 3.3 million Redfin...
Read More »Converging Economic Trends Impacting SFR Market
...Lauderdale, Miami, and West Palm Beach, which all saw rents go up 36%. "Florida is seeing some of the largest increases in rents thanks to migration from remote workers who...
Read More »Mortgage Payments Outpace Rents for Eighth Consecutive Month
...the largest increases in rents thanks to migration from remote workers who previously lived in cities like New York or San Francisco," said Redfin Chief Economist Daryl Fairweather. "Because out-of-towners...
Read More »Demand for Second Homes Fell 19% YoY in August
...Marr said. "The housing market as a whole is still booming, just not as strongly as it was in the second half of 2020. Homebuyer competition, migration and home-sales growth...
Read More »Home Sales Fall 6% in August
...increases, homes in these areas are still relatively affordable, so these and other hot migration destinations are going to continue to attract homebuyers from the coasts. As workers change jobs...
Read More »Homeowners Gravitating to Disaster-Prone Metros
...from 2016 through 2020 due to positive net migration. And the 50 counties with the largest percentage of homes facing high drought, fire, flood and storm risk experienced average population...
Read More »Homeowner Migration, Competition Decreases
...Nashville, Tennessee; Honolulu, Hawaii; and Colorado Springs, Colorado. Mercer points out that slowing migration could be leading to reduced competition in some places. "A slowdown in the migration of tech...
Read More »Hottest Local Housing Markets
...markets experiencing the highest price growth, we have seen large migration to states with no income tax, including Florida, Washington, Nevada and Texas,” said Chris Stroud, HouseCanary Co-Founder and Chief...
Read More »Traffic Trends Affecting Housing Market
...monthly paycheck on housing, moved to more affordable locales—closer to city centers in some areas. Real estate pros now refer to this migration of homeowners as a "great reshuffling" of...
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