Realtor.com Report Reveals Major City Exodus: Over 58% of Home Shoppers Seek Residences Outside Current Metros Amid Affordability Concerns

Reuters
07/15
Realtor.com Report Reveals Major City Exodus: Over 58% of Home Shoppers Seek Residences Outside Current Metros Amid Affordability Concerns

A recent analysis by News Corporation reveals a significant shift in home shopping behavior, with 58.9% of online home shoppers in the 100 largest U.S. metros seeking properties outside their current metro areas during the second quarter of 2025. This marks an increase from 48.1% in 2019, driven largely by affordability concerns, evolving workplace policies, and lifestyle aspirations. San Jose, California, experienced the highest outbound search traffic, with 93.7% of shoppers exploring listings in other areas, followed by Washington D.C. and Seattle. The report highlights a growing trend of Americans looking beyond their current locales to stretch their dollars and enhance their living conditions. While Portland, San Francisco, and Houston have gained popularity, cities like McAllen, Phoenix, and Spokane have seen declines. Despite a year-over-year reduction in the pace of home searches, the overall trend of seeking homes outside metro areas has surged nearly 11 percentage points since 2019, underscoring the ongoing challenges of affordability in big cities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. News Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA30028) on July 15, 2025, and is solely responsible for the information contained therein.

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