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In July 2020, 2,216 Redfin users moved to Miami; in July 2021, the number grew to 7,610. Some moved because they could work from home, some to escape lockdowns.<\/span><\/span><\/p>\n<\/div>\n SEATTLE \u2013 According to Redfin\u2019s monthly migration report, July saw the net inflow of Redfin users moving to Miami rise to 7,610 from 2,216 last year. Despite the potential increase in flood risks and coastal storms, Florida remains a top spot for buyers.<\/span><\/span><\/p>\n \u201cHome buyers are moving here from all over the map \u2013 Atlanta, Cincinnati, New York, Columbia, Mexico City, Pittsburgh and Philly, to name a few,\u201d says Milagros Alvarez, a Miami real estate agent at Redfin. \u201cThe beaches, warm weather and low taxes are the major draws. Florida has also been much less shut down than other states during the pandemic, which some house hunters see as a positive.\u201d<\/span><\/span><\/p>\n Tampa and Cape Coral are also hot areas for migration, with net inflows rising to 4,315 from 2,778 in July 2020, and to 3,109 from 1,790, respectively, according to Redfin\u2019s analysis.<\/span><\/span><\/p>\n \u201cThe homebuyers I talk to rarely mention climate change,\u201d says Alvarez. \u201cMost of them aren\u2019t concerned. A lot of people seem to have this idea that it won\u2019t impact them in their lifetime, so it doesn\u2019t need to be a consideration when buying a home.\u201d<\/span><\/span><\/p>\n However, Daryl Fairweather, Redfin\u2019s chief economist, suggested that buyers should at least keep climate change in mind, saying, \u201cMiami homebuyers should think about how they can make their homes more resilient to climate change and how their finances would be impacted if their homes lost value.\u201d<\/span><\/span><\/p>\n\n