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- Redfin reports that Florida still dominates the list of most common migration destinations, though movement into the state has slowed since the pandemic boom.<\/i><\/li>\n
- Homebuyers are leaving big-city job hubs like Los Angeles and New York. They\u2019re also moving away from the Bay Area, but that\u2019s not nearly as common as it was during the remote-work heyday.<\/i><\/li>\n<\/ul>\n
SEATTLE–(BUSINESS WIRE<\/a>)–
\nJust under one in five (18.8%) house hunters looked to move to a different part of the country in the fourth quarter, according to a new report<\/a> from Redfin<\/a>, the real estate brokerage powered by Rocket. That\u2019s up slightly from 17.9% a year earlier and up from 15.9% about five years earlier.<\/p>\n\nMigration from one part of the country to another ticked up in 2025 as mortgage rates eased and more homes came on the market. While home sales were still slow, more buyers and renters were able to relocate. Remote work also remains more common than it was before the pandemic, allowing more Americans to relocate for affordability or lifestyle reasons without changing jobs.<\/p>\n
\n\u201cPeople are moving to Tennessee in droves\u2014especially Nashville and its surrounding areas,\u201d said Aaron Glicken<\/a>, a Redfin Premier<\/a> agent in Nashville, TN. \u201cCompared to the West Coast, where many of them are moving from, we have relatively low housing costs and lower taxes. A lot of the people moving here work remotely, while others take local tech, healthcare or music jobs. In one exclusive high-end neighborhood, more than half of the homeowners are from California. I had one listing where three neighboring homes were all bought by people moving in from California within the last 18 months.\u201d<\/p>\n
\nGlicken said that while most people relocating to the Nashville area come from California, there are also people moving in from Chicago, New York and Texas.<\/p>\n
\nIn 2021, mortgage rates were hovering just under 3% for most of the year and pandemic-fueled remote work was common, driving many people to relocate. While it\u2019s somewhat counterintuitive that a higher share of house hunters are relocating to a different metro now than back then\u201418.8% compared with 15.9%\u2014Redfin economists say it\u2019s largely due to the large size of the metros in this analysis.<\/p>\n
\nRedfin uses Combined Statistical Areas (CSAs), which are typically made up of several Metropolitan Statistical Areas (MSAs). The San Jose-San Francisco CSA, for example, is made up of many surrounding MSAs, including Napa Valley, Santa Cruz and several other places. A remote worker who moved from the city of San Francisco to Napa Valley in 2021 wouldn\u2019t have been considered a \u201crelocator\u201d because those two places are part of the same CSA. That type of move was common during the pandemic.<\/p>\n
Sacramento, Las Vegas, Florida Top List of Most Popular Destinations<\/b><\/p>\n
\nSacramento, CA and Las Vegas were the most popular destinations for relocating house hunters in the fourth quarter.<\/p>\n
\nNext come four Florida metro areas: Cape Coral, North Port, Miami and Orlando. All 10 of the most popular migration destinations are relatively affordable, especially compared to the places people are most commonly leaving. For instance, the typical home in Las Vegas sells for $435,000, while the typical home in Los Angeles costs twice as much. Additionally, most of the most popular destinations have warm, sunny weather.<\/p>\n
- Homebuyers are leaving big-city job hubs like Los Angeles and New York. They\u2019re also moving away from the Bay Area, but that\u2019s not nearly as common as it was during the remote-work heyday.<\/i><\/li>\n<\/ul>\n