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Study Shows More Denver Residents Are on The Move

A recent study conducted by Redfin shows that the number of Denver-area residents who are looking to move is on the rise. According to the study, folks are a actually looking to move to other metros.

"Redfin counted 3,007 more outbound searches on its portal than inbound searches for metro Denver," according to National Mortgage News.

"That's the sixth highest net outbound count behind San Francisco, New York, Los Angeles, Washington, D.C., and Chicago, which are all much larger metros, according to its latest migration study."

The report revealed that property searches for Denver were positive until the first quarter of this year. Now, outbound searches are beginning to outnumber the amount of inbound searches for folks looking to move to Denver.

"About 23% of all searches for homes originating in the Denver market in the second quarter were for homes in another metro area," according to NMN.

"Of those looking to move away, one in five were focused on either Colorado Springs or Fort Collins."

To learn more about the number of Denver residents looking to move, click on the image above.

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