A quarter of homebuyers are looking to move to another city and Las Vegas and Phoenix are the most in-demand destinations, study finds
A study from real estate company, Redfin, has found that a record 25.5% of people looked to move to a different metro area in the second quarter of this year. That percentage jumped up from 23% last year and 19% pre-pandemic.
Redfin's data is collected from the searches of around two million users on its site from April to June 2023 across more than 100 metro areas. Major cities including San Francisco, New York, and Los Angeles saw the biggest outflow while Las Vegas topped Redfin's list for the first time ever. Phoenix and Tampa also bagged top spots as some of the most popular destinations. Like Las Vegas, both cities are relatively affordable in comparison to Los Angeles or San Francisco. The average Las Vegas home costs less than half as much as buying one in the major California cities, according to Redfin.. The real estate brokerage calculated the results by net inflow, subtracting the number of searches looking to leave a metro area from the number looking to move there.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kelly Clarkson brings Kellyoke to her Las Vegas residency with a Harry Styles coverThe 'Breakaway' singer showed off her vocal range, making a splash with the first performance of her residency at Planet Hollywood.
Read more »
Eminem Joins Boxer Terence Crawford for Epic ‘Lose Yourself’ Ring Walk at Las Vegas Fight: Watch“Make some noise for the next undisputed welterweight champion of the world,” Em yelled to the crowd.
Read more »
Las Vegas man lived with woman's dead body for months: PoliceGeorge Bone, 31, allegedly told police he wanted to see if roommate Beverly Ma would return from the dead.
Read more »
Cardi B throws microphone at fan hurling drink during Las Vegas showTensions were high in Las Vegas after Cardi B threw a microphone at a concertgoer who hurled a drink at her on stage.
Read more »
Kelly Clarkson has NSFW reaction to female fan’s ‘hall pass’ sign during Las Vegas residencyKelly Clarkson made a NSFW admission while kicking off her Las Vegas residency Friday.The “Because of You” singer, 41, was talking to her audience onstage at...
Read more »
Exclusive: Cousin of slain teen from NJ breaks silence as Gilgo probe expands to Las VegasOne of the cold cases garnering attention from law enforcement amid the developments in the Gilgo Beach murder case involves the slaying of a teenage mom from New Jersey whose body was found off a Las Vegas highway.
Read more »