Phoenix leads nation with biggest net inflow in 2020

5February 2021

Nationwide, 27.8% of Redfin.com users looked to move to another metro area in 2020, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s up from 25.5% in 2019, a 9% year-over-year increase. The increase is driven by people leaving expensive coastal areas for relatively affordable places. And the city with the biggest net inflow of new residents in 2020 was Phoenix. The uptick in migration is exacerbating the severe shortage of homes!

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