The coronavirus pandemic prompted a new wave of migration nationwide. Millions of Americans have relocated since March 2020.
Some sought less crowded metros to reduce their risk of catching the virus; others took advantage of work-from-home and bought in a less expensive ZIP code. Some moved back in with family members; others found after a few months of quarantine that they needed a home with more space.
Local housing markets will feel the impact of these new migration patterns for years to come. Read on for more detailed information about the demographic and migratory trends impacting California, Texas, and Florida, as well as their forecasted impact on each state’s housing market across the next decade.