Sunday, 7 August 2022 | The Latest Buzz for the Appraisal Industry

Relocations Hit Record Highs as Homebuyers Relocate to More Affordable Areas

A record 32.6% of users nationwide looked to move from one metro to another in the second quarter, up slightly from 32.3% in the first quarter and roughly 26% before the pandemic, according to a new report from Redfin.

The housing market has slowed following a pandemic-driven buying frenzy, with home sales falling and supply starting to rise due to rising mortgage rates, high home prices, inflation and a faltering economy. But the



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