[quote=EconProf][quote=sdrealtor]Wonder what’s going on in St George beyond 100 degree weather?[/quote]
Answer: still flocking here in big numbers, esp. from CA.
About that weather, two factoids. We are higher in elevation than Phoenix and Las Vegas–both at about sea level–so are a bit cooler. And we have a big temperature swing between the day’s high and low. So people jog and bike ride in a.m., not mid-afternoon. Secondly, the hotter temperatures in those two big cities does not seem to be deterring Californians from moving in big numbers to those cities. Gosh, I wonder why that is?[/quote]
No market out west is weakening harder and faster than the Utah metro areas and of course St George has gotta be right there with them.
My favorite quote in the article came at the very end!
“The trend has started to reverse in both places, with Salt Lake City seeing a net outflow (more Redfin.com users looking to leave than move in) for the first time on record in the first quarter,” Redfin reported.
