Homebuyers Abandoning Seattle as New Listings Plunge and Million-Dollar Homes Decline.

Seattle is ranked sixth among major metropolitan areas being abandoned by homebuyers, according to a new study by Redfin. The study found that people are not only leaving the city, but they are considering moving out of the state altogether. Seattle shoppers are expressing the most interest in Phoenix real estate, but they’re also looking into more affordable options in the Las Vegas metro area. Recent numbers from the U.S. Census Bureau also show that between July 1, 2021, and July 1, 2022, Washington had a net loss of about 3,600 people to other states.