Taxes and home prices driving coastal homeowners inland: Redfin

Study shows residents are leaving California and New York for central Sun Belt metros
  • More homebuyers currently living in expensive East Coast and West Coast cities are migrating inland to warmer, more affordable and more tax friendly cities such as Phoenix, Sacramento and Nashville.

A surge in migration from expensive, high-tax cities like San Francisco, New York and Los Angeles has benefited more affordable metros, such as Sacramento.