A severe housing shortage, sky-high home prices, and equally towering costs of living in the priciest cities are pushing wannabe home buyers to seek out smaller, more affordable metro markets around the nation.
And they aren’t the places you’d expect.
Spokane, WA, about four hours inland from Seattle on the Idaho border, was the top destination for potential home buyers, according to a recent realtor.com® report. It was followed by other midsize markets far from their big-city cousins that offer lower prices, more homes on the market, and good jobs.
(To come up with our list, we looked at the housing markets that had the most realtor.com page views from people living in other metros. We also looked at the metros with the most residents who were considering leaving, based on their searching for homes in other areas. The metros that topped our list had the highest proportion of people wanting to move in rather than move out.)
“Buyers have traditionally sought refuge in the suburbs during times of high home prices,” says Javier Vivas, director of economic research at realtor.com. “But with today’s record highs, even the suburbs have gotten pricey, which has demand flooding outward as options disappear and prices move further out of reach in top job hubs.”
Spokane makes sense for those on a budget, as the median home…