Affordable coastal metro areas in Florida have become hot destinations for homebuyers, according to CoreLogic's 2020's Hottest Cities for Homebuyers report.
The top 15 cities for in-migration were: Riverside-San Bernardino-Ontario, CA, Lakeland-Winter Haven, FL, Myrtle Beach-Conway-North Myrtle Beach, SC-NC, Las Vegas-Henderson-Paradise, NV, Tampa-St. Petersburg-Clearwater, FL, Port St. Lucie, FL, Jacksonville, FL, San Antonio-New Braunfels, TX, Deltona-Daytona Beach-Ormond Beach, FL, Dallas-Fort Worth-Arlington, TX, Stockton, CA, Cape Coral-Fort Myers, FL, Phoenix-Mesa-Chandler, AZ, North Port-Sarasota-Bradenton and Greeley, CO.
CoreLogic says that these metros offer more affordability because of lower costs-per-square-foot, lower property taxes and no state income taxes. Many of them also provide warmer, sunnier climates with strong outdoor lifestyle amenities.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
