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- Florida dominates the list of US cities that Americans want to relocate to, according to Redfin.
- Miami topped the list. Four other Florida cities, including Tampa and Orlando, made the top ten.
- Phoenix, Las Vegas, Nevada, and Sacramento, California also attracted a lot of interest from Redfin users.
Florida dominates the list of US cities that Americans are looking to relocate to, according to a report by Redfin.
Miami was the most popular destination for Americans looking at property listings in a different metro area to where they currently lived, the report said. Four other Florida cities – Tampa, Orlando, Cape Coral, and North Port-Sarasota – also made it to the top ten.
Overall, between December and February, the top five states homebuyers searched to move to were Florida, Texas, Arizona, Tennessee, and South Carolina, Redfin said. The top five metro areas were Miami, Phoenix, Las Vegas, Sacramento, California, Tampa.
Listings in Miami, Tampa, and Orlando attracted more people from New York City than from any other city. Cape Coral and North Port-Sarasota, meanwhile, attracted the most people from Chicago.
The report's findings backed trends established during the pandemic, with the rise in remote work driving people to move away from expensive office cities in favor of areas with low taxes, cheap housing, and a sunny climate.
"Relatively affordable Sun Belt metros perennially top the list of places people are looking to move, due mainly to their comparatively cheap housing and warm weather," Redfin said in its report.
"While homes in these places cost considerably more than pre-pandemic, they remain comparatively affordable," Redfin said in the report. "The typical home in most of the popular destinations is less expensive than the typical home in the top origins." It noted that, for example, the typical Miami home sold for $485,000 in February and the typical Phoenix home sold for $425,000, compared to $640,000 in New York City.
Redfin based its findings on how many more of its users looked at listings between December and February for properties in an urban area than the number of people looking to leave. The data excludes rental listings and only includes people looking to buy homes.
The top ten destinations for Americans looking to relocate outside their metro area, according to Redfin, are:
- Miami, Florida
- Phoenix, Arizona
- Las Vegas, Nevada
- Sacramento, California
- Tampa, Florida
- Orlando, Florida
- Cape Coral, Florida,
- Dallas, Texas
- North Port-Sarasota, Florida
- Houston, Texas
Some people, however, are bucking the trend by moving out of the Sunshine State. Factors including low wages, the stifling heat, and dangerous critters are pushing people out of the state. One person previously told Insider that after a while the feeling that you're on vacation "wears off." She moved back to Virginia just five months after relocating to Florida.
Climate change is also forcing people out of the state, with violent storms destroying homes in the Keys.
Between July 1, 2020 and July 1, 2021, around 220,890 more people moved to Florida from elsewhere in the state, US Census estimates show. Florida – the US' third-most populous state – saw its population grow by 14.6% between 2010 and 2020, according to US Census data. This is double the rate of overall US population growth, and some critics argue that this rate could be unsustainable if the state isn't able to develop the infrastructure to support the huge inflows.
from Business Insider https://ift.tt/SLZi68T
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