SACRAMENTO, Calif. — Sacramento is the top destination for people looking to move out of larger cities, according to a new Redfin analysis.
The analysis published in late October broke down housing migration trends for its third quarter. The real estate brokerage measured the number of users who were “looking to relocate from one metro area to another.” It discovered 24.2% of nationwide potential homebuyers are searching for houses outside their current residence.
Rising costs of living and inflated housing prices have resulted in people leaving big metropolitan cities for “sunny, relatively affordable” areas. Popularity was determined by “the number of people looking to move into a metro minus the number of people looking to leave.”
