Is lack of affordability triggering an exodus from coastal markets?

Is lack of affordability triggering an exodus from coastal markets?
As mortgage rates continue to climb in expensive coastal cities, more and more people are migrating to affordable markets, according the latest data from Redfin. Redfin Chief Economist Daryl Fairweather said buyers are increasingly cost-conscious, and seeking more affordable homes in low-tax states in the South and middle of the country.
Source: https://www.housingwire.com/rss