MOVING AROUND: RECORD NUMBER OF PEOPLE SEEK TO MOVE ELSEWHERE
via the mortgagepoint.com—A record number of people are wanting to move to another part of the country, according to a new report from Redfin, and many of them are targeting the Sun Belt.
The brokerage said that roughly one in five (19.1%) U.S. house hunters looked to move from one place to another part of the country to another in the first quarter.
That’s up slightly from 18.9% a year earlier and the highest share in records dating back to 2021, according to Redfin. Those Americans are looking to relocate partly because of affordability pressures.
Redfin noted that housing costs are near record highs because mortgage rates and sale prices remain persistently high, and inflation is pushing up the cost of living for other everyday expenses. That’s motivating people to move from expensive areas to more affordable areas, Redfin stated.
Orlando is Most Popular
Orlando, Florida, for example, is the most popular destination for relocating house hunters, Redfin said. The typical Orlando home costs just over $400,000, about half the cost of the typical home in New York, the most common origin for people moving there, Redfin noted.
Another factor is boomerang migration, the brokerage noted.
It said that some Americans are moving away from places they moved to during the pandemic. For example, roughly 1,700 more people left Charlotte, North Carolina than moved in during the first quarter, compared to a net inflow of about 3,200 five years earlier.
Austin, Texas lost about 300 more residents than it gained during the first quarter, compared to a net inflow of 14,000 five years earlier, Redfin reported.
While the share of house hunters wanting to relocate has risen to a record high, that doesn’t mean…READ MORE
The Current Miami Springs Market
This week there are twenty-five (25) active listings in the MS/VG market. That is a decrease of almost 20% from last month! Things have been moving this year!
Approximately 48% of active listings are priced over $1,000,000. Of those, four (4) listings are over $2million, and one is asking close to $4million! High prices remain and there are no listings under $700,000, but there are still qualified Buyers out there! More inventory increases in the months ahead? We don't know.
SELLERS, LIST NOW(!) if you are thinking about selling!
The market is active and moving. Things are much busier than last year!
Inventory Breakdown:
There are no properties priced between $500,000-$600,000; there are none (0) priced between $600,000-$700,000; six (6) are between $700,000-$800,000; five (5) between $800,000-$900,000; three (3) are priced between $900,000-$1,000,000; eight (8) between $1-2 million; three (3) are listed for over $2 million; and one (1) is listed for over $3 million.
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Mortgage interest rates have increased. They are slightly over 6%. Uncertainty with the war and gas prices may impact demand. However, there are still qualified buyers looking for the right property. Timing is everything. Days on the market (DOM) are on average 72 days. Some houses sell quickly. It all depends on pricing, condition and location, location, location. The decrease in interest rates should result in increased sales activities. It is important to price the property right.
TIME TO BUY OR SELL? CALL US FOR AN EVALUATION
During the period of July 3, 2026 through July 10, 2026, there were reported 3 new listings, 2 closed sales, 3 pending sales, 0 active with contract, 0 expired listings, 0 cancelled listings, 1 temp off market, 1 price reduction, and 0 price increases.
HOW DOES YOUR HOUSE COMPARE?
The table below shows the current status of the Miami Springs/VG real estate market as of July 10, 2026. All closed sales are within the last 90 days. Only single-family property transactions were reported.
*Disclaimer: The data relating to real estate displayed on this website and the chart above comes from the Miami Board of Realtors MLS. All listing information is deemed reliable but not guaranteed and can be independently verified.
A complete list of all the properties for sale in Miami Springs or any other area of Miami-Dade County can be sent to you on regular basis. Request it at: charlie@leonardrealestategroup.com
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