Homebuyer Exodus From Big, High-Cost Coastal Metros Continued in 2022

Affordability and warmer metros continue to attract homebuyers For homebuyers, affordability, job opportunities and outdoor amenities are major driving factors for relocation. Our previous analysis showed that homebuyers who relocated to another metro in recent years often chose metros adjacent to their current location and/or had a lower cost of living. Although homebuyers were weighing…