Dallas beats Austin as top Texas city for new residents amid pandemic Dallas added about 76,000 residents last year.
joe daniel price/Getty Images New York Mayor Bill de Blasio recently tweeted a link to a
Forbesarticle along with the following caption: Move over Austin, because as the song says, if you can make it here, you can make it anywhere and it’s easier than ever for young dreamers to make it in the greatest city in the world! Though it s a stretch to say de Blasio was trying to start a feud, the tweet does illustrate the national hype surrounding Austin from major news outlets reporting on a COVID-induced wave of people trading big cities for a better quality of life in Central Texas to companies such as Oracle moving their operations to the Capital City.
Austin, Atlanta & Tampa Are Attracting Homebuyers From More Expensive Cities, Contributing to a Housing Supply Crunch
28% of Redfin.com users looked to move to another metro area in 2020, up from 25.5% in 2019, driving double-digit inventory shortages in popular destinations
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SEATTLE, Feb. 4, 2021 /PRNewswire/ (NASDAQ: RDFN) Nationwide, 27.8% of Redfin.com users looked to move to another metro area in 2020, according to a new
www.redfin.com), the technology-powered real estate brokerage. That s up from 25.5% in 2019, a 9% year-over-year increase. The increase is driven by people leaving expensive coastal areas for relatively affordable places.
The uptick in migration is exacerbating the severe shortage of homes for sale in 2021. In December, supply was down a record 34% year over year nationwide. The supply of homes for sale is down by double digits from last year in all 10 of the nation s most popular migration desti