Nearly one-third (32%) of real estate agents had at least one client who moved in the last year out of unhappiness with local laws or politics, according to a survey commissioned by Redfin (NASDAQ:RDFN).
The survey of 500 real estate agents from multiple U.S. brokerages found the most common migration routes were from blue states to red or purple states – most notably San Francisco to Austin, Seattle to Phoenix, and New York to Orlando and other parts of Florida. While housing affordability played a key consideration in the relocation process, some buyers moved in search of a more conservative place to live.
However, there has also been a migration from red to blue states. Andrew Vallejo, an Austin-based Redfin Premier agent, confirmed that a rejection of right-wing politics played a role in his market.
“I know at least 10 people who have moved away from Texas in the last year, mainly because they don’t agree with state laws,” Vallejo said. “They all moved to the West Coast, to blue places where the policies align better with their personal views, specifically when it comes to women’s reproductive rights and LGBTQ rights.”