Homebuyer migration trends in Q1 2018

DS News

In the first quarter of this year, residents of Denver and Seattle looked to Los Angeles as their new home, according to the latest Migration Report by Redfin.

The report found that 20 percent of Denver residents and 12 percent of Seattle residents looked to Los Angeles. While movers from these cities cited a need to find less expensive living quarters in general, Redfin found that these residents were not moving to the city of Los Angeles proper. Rather, they were moving to the county, to more affordable markets like Riverside, in the Inland Empire.

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