Homebuying Patterns: Affordability, Climate And Jobs Affect Metro Choice
from CoreLogic
– this post authored by ARCHANA PRADHAN
Many factors influence a family’s choice when considering where to buy a home. When buyers choose to stay within their current metro, school district, crime statistics and commute time can influence their buying decisions. For buyers who decide to relocate, affordability, preferable weather and economic opportunities are often the driving factors. According to CoreLogic data, about four-in-five buyers in 2018 wanted to buy in the same metro, and one-in-five chose to move to another metro.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201903130514
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