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LendingTree: 12% of interstate home buyers moves South

January 1, 2019

(Credit: iStock)

A migration study by LendingTree shows that 12.1 percent of American home buyers who move to a different state choose one in the South.

Most Americans who relocate to a different state choose one that borders the state where they previously lived, the study shows, but those who move farther are likely to head for a southern state.

Florida is the most popular destination among home buyers who relocated from 15 of the 50 states.

LendingTree drew the data for its migration study from two million requests for purchase money mortgage loans that applicants filed on its website this year.

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