Nearly 1 in 5 House Hunters Are Looking to Relocate as Long-Distance Moves Tick Up
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Wire
Redfin reports that Florida still dominates the list of most common migration destinations, though movement into the state has slowed since the pandemic boom.Homebuyers are leaving big-city job hubs like Los Angeles and New York. They’re also moving away from the Bay Area, but that’s not nearly as common as it was during the remote-work heyday. SEATTLE--(BUSINESS WIRE)--Just under one in five (18.8%) house hunters looked to move to a different part of the country in the fourth quarter, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s up slightly from 17.9% a year earlier and up from 15.9% about five years earlier.Migration from one part of the country to another ticked up in 2025 as mortgage rates eased and more homes came on the market. While home sales were still slow, more buyers and renters were able to relocate. Remote work also remains more common than it was before the pandemic, allowing more Americans to relocate for affordability o
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