The pandemic sparked one of the largest migration events in the history of the U.S. Families moved closer together, residents of cities searched for areas with more space, and workers exercised their newfound work-from-home freedom. A notable percentage of people relocated out of state. Several major urban cities, like New York City, recorded soaring numbers […]
- The pandemic spurred significant U.S. migration, with families moving closer, city residents seeking space, and remote work options driving relocations.
- Post-pandemic, rising interest rates and employers retracting remote work options have reshaped relocation dynamics.
- Population changes in cities like New York, Los Angeles, Las Vegas, Salt Lake City, and Miami have had differing effects on multifamily housing demand due to factors like new construction, housing costs, and rental property availability.
Barbra is a writer who has been covering the commercial real estate industry for the last 20 years. Her fondness for real estate extends to the residential sector and its many thousands of creative floor plans available for perusal. A native of Los Angeles, she returned to Southern California several years ago after a long stint in Washington, D.C., where she was able to regularly indulge her passion for visiting art galleries and museums.