Summary: In November, the share of homebuyers looking to relocate to a different metropolitan area experienced a decline for the third consecutive month. This trend indicates a shift in housing preferences and suggests that fewer buyers are searching for homes outside their current metro area.
Key points:
– Homebuyer relocation rate declines for three consecutive months in November.
– Indicates a change in housing preferences.
– Fewer buyers searching for homes outside their current metro area.
You can read this full article at: https://www.housingwire.com/articles/the-pandemic-induced-migration-boom-is-waning-redfin/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
