This Summer, Is Urban Migration Such A Hot Idea?

By SCOTT KIMBLER Potential buyers are starting to wonder if moving out of urban areas continues to remain a good idea. In 2020, as housing costs were already skyrocketing, the Covid-19 pandemic hit. The combination of the two made migrating further out of large cities appealing to a lot of people, especially young people who were looking to buy a home and start a family. Fast forward to now and many of those factors have changed. As a result, some popular hotspots are starting to see a decline in frenzied buyers putting in multiple bids. Roy Black, an Economics Professor at Emory University’s Goizueta Business School, says although some areas are seeing a shift people will always be attracted to…