--- title: A Record-High Share of Homebuyers Are Looking to Relocate Right Now description: 'A record-high share of homebuyers want to relocate: Phoenix, Las Vegas and Miami top the list of cities where people want to move.' authors: - name: Brenden Rearick role: Reporter url: https://money.com/author/brenden-rearick/ bio: Brenden Rearick is a former news reporter at Money who specialized in mortgages, real estate, and personal finance topics. education: University of Pittsburgh, BA at_money_since: 2023 articles: 133 covers: - Housing - Banking - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes - Technology former_staff: true editors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Housing - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2023-06-28T19:08:10.000Z' modified: '2024-01-10T14:58:36.000Z' section: Housing tags: - News word_count: 473 canonical: https://money.com/homebuyers-relocate-sun-belt-cities/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Photo of Phoenix AZ](https://img.money.com/2023/06/News-Record-high-homebuyers-relocate.jpg) *Phoenix, Arizona* The [housing market](https://money.com/buyers-sellers-housing-market-pessimism/) is still in a lull, with sky-high [mortgage rates](https://money.com/current-mortgage-rates/) presenting [challengers to buyers and sellers](https://money.com/low-mortgage-rates-trap-home-sellers/) alike. Even so, finding a new place to put down roots is a priority for lots of Americans right now: A new report finds that a record one-quarter of homebuyers nationwide are looking to move to a different city. Real estate brokerage Redfin's [new report](https://www.redfin.com/news/housing-migration-trends-may-2023/), which looks at the search data of two million users, finds that over 25% of total homebuyers are interested in [moving](https://money.com/best-moving-companies/) to a new property outside of the metro area they already live in. This makes for the highest proportion of inter-city homebuyers ever since Redfin started tracking the data in 2017. In 2022, 23% of Redfin homebuyers were looking to relocate to new cities, while the corresponding figure before the pandemic was less than 20%. Redfin ranked the most popular metro areas by their net inflows, a measure of how many more homebuyers are coming into an area than there are people leaving that same area. The list is heavy on Sun Belt cities, starting with Phoenix, Las Vegas and Miami: 1. Phoenix, Arizona 2. Las Vegas, Nevada 3. [Miami, Florida](https://money.com/best-places-to-travel/little-havana-miami-florida/) 4. [Tampa, Florida](https://money.com/best-places-to-travel/tampa-florida/) 5. Orlando, Florida 6. North Port-Sarasota, Florida 7. Cape Coral, Florida 8. Dallas, Texas 9. Sacramento, California 10. Houston, Texas In measuring outflows, the company finds that the largest proportion of inter-city homebuyers are often coming from the country's largest metro areas. Coastal cities like San Francisco and Seattle are among those now losing the highest proportion of people, alongside New York City and Los Angeles. ## Keep in mind The number of people seeking to move to a new city is at a recent high, and we've seen new home sales jump by 20% year-over-year in May. However, the total number of moves is still dropping as a result of still-low inventory and the high [mortgage rates](https://money.com/current-mortgage-rates/) that continue to plague the market. Many of the cities listed by Redfin have soared in price themselves in recent years; Phoenix, while more affordable than some coastal metros, saw the largest average [home price increase](https://money.com/cities-home-prices-rose-20-percent/) in the country in 2022, rising almost 33%. Another thing Redfin is quick to point out is that while these high-inflow cities tend to be more affordable than the big cities people are leaving, many of these trendy metros are likely to be heavily affected by the mounting climate crisis. Phoenix is subject to droughts and extreme heat, for example. As climate change continues to perpetuate disaster events in high-risk areas, expenses like [home insurance](https://money.com/best-home-insurance/) are likely to become pricier and [harder to come by](https://money.com/climate-change-just-caused-the-biggest-home-insurer-in-this-state-to-stop-accepting-applications/). [Map: Here’s How Much Every State Charges in Sales Tax](https://money.com/state-sales-tax-rates-map/) [Here's How Much Your Home Insurance Will Rise This Year, According to a New Forecast](https://money.com/home-insurance-costs-rise-2023-forecast/) [More States Are Giving Property Tax Breaks to Seniors — With Savings up to $6,500](https://money.com/states-lower-property-taxes-seniors/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/homebuyers-relocate-sun-belt-cities/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Housing", "item": "https://money.com/housing/" }, { "@type": "ListItem", "position": 3, "name": "Places to Live", "item": "https://money.com/places-to-live/" }, { "@type": "ListItem", "position": 4, "name": "A Record-High Share of Homebuyers Are Looking to Relocate Right Now" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/homebuyers-relocate-sun-belt-cities/#webpage", "url": "https://money.com/homebuyers-relocate-sun-belt-cities/", "name": "A Record-High Share of Homebuyers Are Looking to Relocate Right Now", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2023-06-28T19:08:10.000Z", "mainEntity": { "@id": "https://money.com/homebuyers-relocate-sun-belt-cities/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/homebuyers-relocate-sun-belt-cities/#breadcrumb" }, "dateModified": "2024-01-10T14:58:36.000Z" }, { "@type": "NewsArticle", "headline": "A Record-High Share of Homebuyers Are Looking to Relocate Right Now", "articleSection": "Housing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2023/06/News-Record-high-homebuyers-relocate.jpg", "width": 2880, "height": 1920, "caption": "News-Record-high-homebuyers-relocate" } ], "author": [ { "@type": "Person", "name": "Brenden Rearick", "url": "https://money.com/author/brenden-rearick/", "@id": "https://money.com/author/brenden-rearick/#author", "description": "Brenden Rearick is a former news reporter at Money who specialized in mortgages, real estate, and personal finance topics.\r\n\r\n", "email": "brenden.rearick@money.com", "alumniOf": "University of Pittsburgh, BA" } ], "publisher": "https://money.com/#organization", "datePublished": "2023-06-28T19:08:10.000Z", "description": "A record-high share of homebuyers want to relocate: Phoenix, Las Vegas and Miami top the list of cities where people want to move.", "abstract": "A record-high share of homebuyers want to relocate: Phoenix, Las Vegas and Miami top the list of cities where people want to move.", "@id": "https://money.com/homebuyers-relocate-sun-belt-cities/", "inLanguage": "en-US", "dateModified": "2024-01-10T14:58:36.000Z", "editor": [ { "@type": "Person", "name": "Brad Tuttle", "url": "https://money.com/author/brad-tuttle/", "@id": "https://money.com/author/brad-tuttle/#author", "description": "Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.\r\n\r\n", "image": "https://img.money.com/2014/01/Brad-Tuttle.png?w=226&h=247&crop=1", "alumniOf": "Columbia University School of Journalism, MS", "sameAs": [ "https://twitter.com/bradrtuttle", "https://linkedin.com/in/brad-tuttle-834b225" ] } ], "wordCount": 473, "keywords": [ "News" ], "about": [ { "@type": "Thing", "name": "Housing in the United States", "sameAs": [ "https://en.wikipedia.org/wiki/Housing_in_the_United_States" ] }, { "@type": "Thing", "name": "City quality of life indices", "sameAs": [ "https://en.wikipedia.org/wiki/City_quality_of_life_indices" ] }, { "@type": "Thing", "name": "Owner-occupancy", "sameAs": [ "https://en.wikipedia.org/wiki/Owner-occupancy" ] } ] } ] } ```