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Record number of homebuyers moving away from expensive coastal cities

The majority of users were looking to escape from expensive metro areas like Washington, D.C. and San Fransisco, according to Redfin. (iStock)

Users are looking to leave New York, Seattle, San Francisco, Los Angeles

By Daniella Genovese

FOXBusiness

A record number of Americans are still looking to relocate away from expensive metro areas even as restrictions around the country continue to ease, according to real estate brokerage Redfin.

About 31.2% of Redfin users nationwide searched for different metro areas in January and February, an increase from about 26.1% during the same time period in 2020, according to a recent report from the brokerage.

Click the link below to read the rest of this story.

https://www.foxbusiness.com/lifestyle/redfin-moving-metro-area

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