Nancy Adele Stuhr

Thinking about selling your home? Get a professional estimate of your home's worth. Nancy Adele Stuhr 650-575-8300 [email protected]... www.nancystuhr.com DRE 00963170 Looking forward to being of service to you See more

It could be the perfect time to sell your home! Get a quick estimate of your home's worth or call (650) 575-8300 for a quick chat. Nancy Adele Stuhr 650-575-8300 [email protected]... www.nancystuhr.com DRE 00963170 Looking forward to being of service to you See more

Thinking about selling your home? Get a quick estimate of your home's worth. Nancy Adele Stuhr 650-575-8300 [email protected]... www.nancystuhr.com DRE 00963170 Looking forward to being of service to you See more

LendingTree Finds That Homeowners Might Not Be Moving Away from Cities in Droves After All Written by TENDAYI KAPFIDZE Edited by DEBORAH KEARNS Published on: December 15th, 2020 Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been previewed, commissioned or otherwise endorsed by any of our network partners.... The changing landscape caused by the COVID-19 pandemic, coupled with a new freedom to work from home, has led to some speculation that people will migrate en masse from cities to less expensive and less dense towns. But are people really leaving big cities for smaller towns? A new study from LendingTree compared migration data from 2019 and 2020 to find out. Specifically, LendingTree looked at the share of homeowners who lived in one of the nation’s 50 largest cities and moved to a new home in one of the country’s towns. By comparing the share of relocating homeowners who did this in 2019 to the share in 2020, LendingTree determined whether or not homeowners are actually leaving cities in significant numbers. Ultimately, the study shows that while a slightly larger percentage of homeowners from big cities have moved to towns in 2020 than in 2019, the share of movers has remained largely the same in the past two years. This suggests that while some people may be looking to escape a big city by buying a home in a smaller town, most are staying put for the time being. Key findings More homeowners are leaving a metropolitan area for a micropolitan area in 2020 than they did in 2019, but not by much. In 2019, an average of 1.91% of homeowners who lived in one of the nation’s 50 largest cities and moved, moved to a town. In 2020, that share was 2.18%. Homeowners moving from a city to a town tend to stay in the same state. Homeowners who moved from 37 of the nation’s 50 largest metropolitan areas stayed in the same state as the city they left. Few homeowners who move actually relocate out of the city that they’re currently living in. An average of 97.46% of homeowners who lived in one of the nation’s 50 largest cities and moved either moved to a different home within that same city or moved to a different city altogether. Of that number, an average of 84.06% stayed in the same city, while 15.94% left for another city. Cleveland, Minneapolis and Nashville, Tenn. are the cities with the most migration to towns. Respectively, 4.85%, 4.28% and 3.64% of movers from these cities moved to a town in 2020. Philadelphia, Tampa, Fla. and Orlando, Fla., saw the least migration to towns. Each of these cities saw less than 1% of movers head to a town.

If you're thinking about selling your home, finding out its worth is the place to start! Nancy Adele Stuhr 650-575-8300 [email protected]... www.nancystuhr.com DRE 00963170 Looking forward to being of service to you See more