People are searching to move looking for states with strong job growth, relatively low home prices and property taxes.
Nationwide, 26% of homebuyers searched to move to a different metro area between Jun '24 - Aug '24. The top 5 states homebuyers searched to move to were Florida, North Carolina, South Carolina, Tennessee, and Arizona while California, New York, Illinois, Massachusetts, and Washington were the top 5 states homebuyers searched to move from.
Of all the major U.S. metros, Sacramento was the most searched for destination among homebuyers looking to relocate between Jun '24 - Aug '24. Next came Sarasota, Myrtle Beach, Orlando, and Cape Coral. Los Angeles was the most searched for destination among homebuyers looking to leave, followed by New York, San Francisco, Seattle and Washington.
As for Michigan, more than 4K were searching to move into Michigan vs. out of Michigan.
For more US migration trends and interactive graphs, please visit: https://www.redfin.com/state/Michigan/housing-market
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