New York, Chicago Residents Lead Nation In Moving To Florida

New York, Chicago Residents Lead Nation In Moving To Florida


The most common origins of homebuyers moving to cities in Florida are residents of Chicago and New York City, according to a report released last week by Redfin.

The real estate brokerage firm indicated that two Florida cities — Miami and Tampa — witnessed the highest net inflow of homebuyers in the second quarter of this year, followed by Phoenix, Arizona; Sacramento, California; and Las Vegas, Nevada. Other Florida cities, such as Cape Coral and North Port, are also experiencing surges in net migration.

“Tampa is still attracting a lot of out-of-state homebuyers, coming from places like New York, who can get more for their money in Florida,” Eric Auciello, a Redfin manager in Tampa, explained in the report. “The spike in mortgage rates has priced some

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