Based on its recent Cross Market Demand report, realtor.com has found that Charleston, S.C. is the most in-demand retro for home buyers looking from out of state, followed closely by Boise, Idaho.
According to realtor.com’s user data, out-of-state buyers are largely attracted to low-cost South and West markets. Seven out of the top ten metros on the list attract buyers looking for homes 3% to 34% cheaper than the median home price in their home markets.
It turns out that South Carolina, with its booming employment, moderately priced homes, low taxes, and balmy weather, seems to have just about everything needed to lure buyers from other states these days. At the top of the list is the perennial tourist fave, Charleston. Two of South Carolina's other metros also made the top 10 of the rankings: Columbia (No. 4) and Greenville (No. 8).
"Folks can afford to live well in the state, where homes are still affordable, property taxes are low, and cost of living is reasonable," says Ryan Dietz, director of the master of real estate development program at Clemson University, in the Greenville area.
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