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Migrating Americans Are Driving Up Home Prices in Popular Metros

Pro Builder

Remote workers and movers motivated by the pandemic are flocking to Sun Belt cities like Phoenix, where prices are peaking and inventory is declining. Sun Belt cities like Phoenix, Dallas, and Orlando attracted the majority of relocating Americans in 2021, and as a result, prices for homes and consumer goods are reaching new highs.

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In Pursuit of Affordability, Homebuyers Are Heading to Cities With the Biggest Climate Risks

Pro Builder

Cities such as Phoenix, Las Vegas, and Miami are attracting the most interest, but according to Insider , they’re also home to some of the biggest climate risks in the country, from droughts and heat waves to flooding and hurricanes.

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Mayo plans $792M of projects in Florida, Arizona

Construction Dive

Mayo Clinic has not yet announced the construction firm that will build the $144 million Jacksonville complex, but will soon issue a request for architect and contractor proposals for the $648 million Phoenix expansion.

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As the Market Cools, These Homebuying Hotspots Are Susceptible to a Downturn

Pro Builder

Homes in Boise, Phoenix, and Tampa were selling at a lightning pace throughout the pandemic, but a recession could soon pull the plug on sales in the nation's most popular markets. enters a recession in the near future, followed closely by Boise and overpriced Florida metros like Cape Coral and North Port. . Tue, 07/26/2022 - 10:18.

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East Coast Homebuyers Are Relocating for Affordability—Here’s Where They’re Headed

Pro Builder

Half of the 10 most popular migration hotspots were located in Florida, with Miami claiming the top spot, followed by Sacramento, Calif., Las Vegas, and Phoenix, Redfin reports. “A

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Record Share of Homebuyers Relocate for Affordability

Pro Builder

Buyers relocating for affordability are heading to Florida in droves both for its sunny weather and relative affordability. Miami was the most popular migration hotspot for the first and second quarters of the year, followed by Tampa, Phoenix, Sacramento, and Las Vegas, Redfin reports. A record high 32.6% Housing Markets.

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Home Prices Rise at the Fastest Rate on Record

Pro Builder

Sun Belt cities like Phoenix, Tampa, and Miami reported the most significant price hikes, followed by markets in the Mountain region in states like Montana, Idaho, Wyoming, Colorado, and Nevada, among others. We should not see rapid upticks in prices as mortgage rates rise. It’s that kind of exuberance that led to past housing downturns.”.

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