Phoenix Most Popular Moving Destination Despite Prices, Heat

Despite inflation, debt, and high housing costs, Americans are still hoping to move out of their states. That’s the conclusion reached by Realtor.com analysts when they scoured their listing page views. In Q2, 60.3% of all page views from the top 100 metros went to homes outside of the metros where shoppers actually live. This is up both from Q1 and the same time last year. Shoppers in the ultra-expensive West were the most likely to look for homes elsewhere, followed by the Northeast. On a city-by-city basis, the usual suspects are topping the list of most popular destinations. Phoenix took the number one spot despite having the highest average home price of the bunch and news-making 100+ degree temperatures.…

Miami Is January’s Most Popular Metro

Miami has once again topped the list of the most popular metros for movers. A record 25% of Redfin.com users looked to move to another metro in January, with the most popular searches being Miami, Sacramento, and Las Vegas. This is up from 24.5% in Q4 2022, 22.8% last year, and 18% before the pandemic. Miami, which took first place back in August 2022, once again dominated with the highest net inflow of new migrants. Interest in Miami may come as a surprise considering most movers are looking for affordable options in a high-rate environment. RealtyHop recently ranked Miami as the second most expensive place to live in the U.S., just below Los Angeles, and the typical Miami home sold…