According to data research by Redfin real estate firm, homebuyers in Democrat-controlled areas are disproportionately looking to relocate to communities in red states.
San Francisco, California; Seattle, Washington; New York City, NY; Los Angeles, California; Washington, DC; Louisville, Kentucky; Boston, Massachusetts; Chicago, Illinois; Hartford, Connecticut; and Denver, Colorado were the top ten cities that prospective homebuyers were looking to relocate from between January and March 2023, listed from most to least. Redfin’s migration data is based on a sample of two million Redfin.com customers who look for houses in more than 100 metro areas.
At the exact same time, cities in largely Republican-led states saw an increase in homebuyers. Five of the top 10 locations that homebuyers are interested in are in Florida, with Miami leading the way, followed by Tampa, Cape Coral, Orlando, and Sarasota. Phoenix, Arizona; Sacramento, California; Las Vegas, Nevada; Dallas, Texas; and Houston, Texas; were the next five most preferred cities.
According to the report:
“Of all of the major U.S. cities, Miami became the most sought-for destination amongst homebuyers who were relocating from Jan ’23 to Mar ’23. Phoenix, Tampa, Las Vegas, and Orlando followed. Among homebuyers looking to leave, San Francisco was most popular, followed by Los Angeles, New York, Boston, and Washington.”
During the same time period, 25% of homebuyers countrywide looked to relocate to a different metro region, according to the brokerage.
According to the research, “the five top states homebuyers sought to move to were Texas, Arizona, Florida, Tennessee, and South Carolina, while the five top states homebuyers searched to move from were California, New York, District Of Columbia, Massachusetts, and Illinois.”
Redfin’s findings are consistent with data released earlier this month by the United States Census Bureau, which showed that counties overlapping Democrat-controlled cities such as Chicago, Los Angeles, and New York ranked the list of places losing population, while Arizona, Texas, and Florida saw the greatest inflows of people.
Comments are closed.