Where Are Residents in Los Angeles and Orange Counties Buying Homes?
In the last blog on recent trends in homebuyer mobility we found that high housing prices in two Northern California counties (San Francisco and Alameda) had been a principal cause of people moving to counties with lower home prices.[1] There was net outward migration from higher-priced counties to lower-priced counties as home shoppers searched for more affordable homes. This blog extends the analysis to owner-occupant homebuyer mobility in Los Angeles and Orange Counties in Southern California.