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The COVID-19 pandemic has pushed some Bostonians to flee the downtown Boston real estate market for less expensive towns. But droves of other people may not be leaving the downtown Boston real estate market a new study shows.
While a slightly larger percentage of homeowners from big cities have moved to towns in 2020 compared with last year, the share of movers has remained largely the same in the past two years, according to a new report from LendingTree, which matches mortgage shoppers with lenders.
LendingTree looked at the share of homeowners who lived in one of the nation’s 50 largest cities and moved to a new home in one of the country’s towns. In 2020, an average of 2.2% of homeowners who moved had relocated to a town, up slightly from 1.9% last year.
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Boston Real Estate Blog Post: Updated Winter 2020/2021
