WFH Regimens Speeding Pre-COVID Housing ‘Migration’ Trends, Says Redfin
More than a quarter of the more than 1 million people searching online for new homes at the peak of COVID-19 in April and May were looking at locales in other U.S. regions, said Redfin. There was a “huge increase”…
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in people in large metropolitan areas “looking online at homes in small towns,” it said Thursday: The pandemic and resulting work-from-home trends are “accelerating migration patterns.” New York, San Francisco and Los Angeles had the biggest “net outflow” of users in April and May, the digital real estate brokerage said.