Skyrocketing Home Prices Drive Exodus From Florida and Texas as Middle Class Seeks Affordable Housing Elsewhere
-
Home prices in Texas and Florida have jumped 30% and 42% since 2019.
-
Texans are increasingly looking at affordable homes in the Midwest, like Wisconsin and Minnesota.
-
Floridians are searching for homes in nearby southeastern states like North Carolina, Tennessee, Georgia, and South Carolina.
-
Middle-class native Floridians are selling homes to newcomers with more money and moving out of state.
-
Driven by affordability, people are relocating from Florida and Texas to wherever they can find cheaper housing.