Of Americans who moved during the pandemic, 85% opted to move within their state, according to a new analysis from LendingTree, which evaluated mortgage loan data from March 1, 2020, to Sept. 21, 2021, to learn pandemic moving patterns.
Texas had the highest percentage of residents looking to stay in the state. On the other hand, New York had the highest percentage of residents who left the state.
The number one destination for out-of-state movers: Florida. “Florida is the favorite out-of-state destination for mortgage shoppers in 18 of the 50 states,” LendingTree researchers say in the study. “The Sunshine State has a long history of bringing in visitors and new residents, particularly retirees, thanks to a mix of affordable housing, no state income tax, and sunny weather.”
Source: “The States Homeowners Have Moved To—and Stayed in—During the COVID-19 Pandemic,” LendingTree (Nov. 2, 2021)
