Nearly 25% of U.S. homebuyers want to move — this state is the top destination

Monday, December 12th, 2022

Nearly 25% of U.S. homebuyers want to move — this state is the top destination

Stephan: When I tell you that a large number of Americans are willfully ignorant about climate change and what it is going to do, is already doing, to regions all over the United States, either because of too much water, or not enough, plus increased temperatures this is what I mean. I can understand wanting to leave a city, both for the style of life it imposes, and also for the cost. But moving to a location which is heavily climate threatened, Southern Florida for instance, exposes one to all sorts of short and long term problems and, ultimately, migration

Downtown Miami along the Miami River.
Credit: Sylvain Sonnet / Getty

Nearly 25% of the property search queries on online real estate brokerage Redfin.com are for cities where the person doesn’t live, according to the company’s most recent data. That’s up roughly 10% from five years ago.

Out of 100 metro areas examined during the three months ended in October, the following 10 cities had the highest net inflow of property searches on Redfin’s website. Net inflow is the number of people looking to move into a city minus the number of people looking to leave.

Sacramento, California: 7,800
Las Vegas: 7,100
Miami: 6,700
San Diego: 6,500
Tampa, Florida: 5,600
Phoenix: 4,700
Cape Coral, Florida: 4,600
North Port-Sarasota, Florida: 4,300
Dallas: 3,800
Orlando, Florida: 3,700

By far the most popular relocation choices are in Sun Belt states in the Southwest and Southeast, with half of the top destinations in Florida.

And the majority of those looking to relocate are from large cities, especially San Francisco, Los Angeles, New York, Washington, D.C., and Boston. The following cities had the largest outflow of property searches, according to […]