November 22, 2024 12:17 pm
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Rose Law Group

Potential migration from high-tax metros continued in Q2

New York continues as the biggest loser.

Builder

Redfin was out with a report Tuesday that said, among its users, 25% percent of home searchers looked to move to another metro area in the second quarter of 2019, compared to 24% during the same period last year. The national share of home-searchers looking to relocate has been at this level—the highest on record—since the fourth quarter of 2018.

The latest migration analysis is based on a sample of more than 1 million Redfin.com users who searched for homes across 87 metro areas from April through June.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.