More and more Americans are ready to call it a day on city living.
Whether it’s affordability, remote work or just plain restlessness, more city dwellers are motivated to take their house hunt farther afield. Close to 60% of urban home shoppers searched for listings outside of their metros last quarter, according to new Realtor.com data.
The results suggest that pricey cities and COVID-era boomtowns alike are losing some of their former luster.
Foreign buyers sank $56B into US homes over the last year — with 1 state accounting for nearly a quarter of their purchases
Six years ago, before the pandemic turned the housing market on its head, the proportion of city dwellers looking to leave their local rat race was roughly 48%. In 2019, only Western states demonstrated such high proportions of out-of-metro home searches…