Saturday, March 16, 2019

Americans are moving away from these cities at an alarming rate, so we took a look at why.

They're the metro areas that Americans are more interested in moving from than moving to.

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When Americans browse home listings online, a quarter of them are considering moving to a new city, says the real estate website Redfin.

They might want to trade an expensive, crowded, crime-ridden metro area for a place where buying a home is easier on your finances, traffic isn't a nightmare, and streets are safer. Or, they're eager to flee a city with high unemployment for one with lots of cool opportunities.

We count down the 20 cities home shoppers are most eager to bolt from, according to Redfin's migration report. They're the places where people looking to leave most outnumbered people who were considering moving in during the final months of 2018.

20. Columbia, South Carolina

Since Columbia is at the bottom of the ranking, there's only slightly more interest in leaving the South Carolina capital than in relocating here.

The metro area offers loads of jobs in state government, education (the University of South Carolina is here) and health care. Columbia's drawbacks include the hot, sticky summers and a relatively high crime rate.

Redfin describes the local real estate market as "very competitive": Homes are selling for an average $139,000 and are typically snapped up in a little over one month.

19. Syracuse, New York

Buffalo may have more of a reputation for unrelenting winters, but this city 150 miles to the east takes the trophy as America's snowiest. Syracuse gets an average of more than 10 feet of snow every year.

That could be a major reason why people who live here are inclined to hunt for houses elsewhere — maybe places where you wouldn't need to keep a snow blower in the garage.

If you'd like to move to Syracuse, you won't need much money to buy a home: Sale prices have been averaging just $105,000. And the local unemployment rate recently fell to an 18-year low of 3.7%.


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