Redfin Says Homebuyer Migration is at an All-Time High
A new report from Redfin says a record number of homebuyers are relocating, many in search of affordability as prices and mortgage rates soar. According to the data, migration was at an all-time high in April in May coming with 32.3% of Redfin users nationwide saying they were looking to move to a different metro area. Interestingly, The Florida metros of Miami & Tampa topped the list of most popular destinations for homebuyers.
“Miami has topped the list all year, and Tampa just surpassed Phoenix for the number-two spot….Tampa is becoming more popular with relocating homebuyers largely because it’s relatively affordable…”
Click here to read the full report at Redfin.com.
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