At the end of 2018, the number of Americans expressing interest in moving to a new metro increased, according to the latest data collected by Redfin.
According to Redfin’s migration analysis, 25% of home searchers looked to relocate to another metro in the fourth quarter of 2018.
This percentage is a slight increase from 23% in 2017, and now sits at the highest recorded level in the report’s history.
The migration report utilized data from Redfin’s website, gathering information from more than 1 million users who searched for homes across 87 metros, from October through December.
The report revealed that across the country, more and more Americans expressed interest in moving away from notoriously expensive markets like San Francisco, New York, Los Angeles and Washington, D.C.
In fact, Redfin states all of these metros saw their outflows (people moving away from the area) dramatically increase from the previous year, especially in San Francisco. In this metro, 24% of Bay Area…