Buffalo, New York.
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A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.
Prices in the for-sale housing market are showing no signs of cooling off, causing more renters to stay on the buying sidelines. And as rents start to heat back up, too, more tenants are relocating to cheaper markets.
Buffalo, New York; Chicago and Houston are seeing the biggest growth in out-of-town searches on Zillow, followed by New Orleans and Dallas, according to the real estate listing site. Among markets that have already seen significant in-migration, like Salt Lake City; Raleigh, North Carolina; Hartford,…
