Locals Priced Out by Homebuyer Migration Trends

May 23, 2022 Demetria Lester

Home prices in many once-affordable metros have surged and priced out many would-be buyers —a dynamic that’s being exacerbated by rising mortgage rates— but a handful of popular migration destinations. Found mainly in the South, some hotspots are still relatively affordable, according to a new report from Redfin. Some 32% of homebuyers nationwide looked to ...

The post Locals Priced Out by Homebuyer Migration Trends appeared first on theMReport.com.

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