Homebuyers are moving far away from their last place

"How far a buyer moved jumped to an all-time high of 50 miles"

(Source: NAR)

From a National Association of Realtors blog post on their “2022 Profile of Home Buyers and Sellers“:

5. How far a buyer moved jumped to an all-time high of 50 miles from a range that had been steady between 10 to 15 miles.

Buyers' migration to small towns and rural areas was undoubtedly at play. Another factor is remote and hybrid work sett…