Chicago, NY City exits to Florida

 DailyWire:

The most common origins of homebuyers moving to cities in Florida are residents of Chicago and New York City, according to a report released last week by Redfin.

The real estate brokerage firm indicated that two Florida cities — Miami and Tampa — witnessed the highest net inflow of homebuyers in the second quarter of this year, followed by Phoenix, Arizona; Sacramento, California; and Las Vegas, Nevada. Other Florida cities, such as Cape Coral and North Port, are also experiencing surges in net migration.

“Tampa is still attracting a lot of out-of-state homebuyers, coming from places like New York, who can get more for their money in Florida,” Eric Auciello, a Redfin manager in Tampa, explained in the report. “The spike in mortgage rates has priced some buyers out of the market, but it has also helped ease competition and curb bidding wars between locals and out of towners.”

Florida saw the nation’s largest net domestic migration between July 2020 and July 2021, with more than 220,000 people moving to the state, according to the U.S. Census Bureau. Florida was followed by Texas and Arizona, while New York, California, and Illinois led the nation in terms of numeric decline.
...

If I lived in New York, California or Illinois, I would move too.  While I have lived in Florida before, I still prefer Texas. 

See, also:

Report: Americans Flee Blue State Cities for Greener Pastures in Red, Purple States

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Bin Laden's concern about Zarqawi's remains