Los Angeles ranked as the second major U.S. metro area people are leaving, according to data. San Francisco was first.
Sunny, relatively affordable areas are typically the most popular relocation destinations, the report found.
Sacramento, Las Vegas and Miami were the most popular destinations for homebuyers looking to relocate.
The trend is driving adjustable-rate mortgages, or ARMs, to the highest usage in over a decade.
Nationwide, homebuyers need an income of at least $107,000 annually to afford a typical home - that's up 46% from a year ago.
The median home price in LA County in October was $854,280, compared to $891,770 in September, a 4.2% decline.
The initiative was launched to help offer a solution to Florida's affordable housing crisis.
Mayor Eric Garcetti joined local and state leaders Tuesday to announce a $15 million state grant to house 500 women and their families in Skid Row.
The median home price for the 100 most expensive ZIP codes was $2,749,500 in 2022, an increase of 11.03% from last year, according to the study.
Even though home sales have decreased as mortgage rates have surged, experts say prices are still holding steady and even rising in many parts of the U.S.
Listed at $849,000, this 0 bed/1 bath home in the Oakland Hills hit the market in early October.
More than 223,000 applications for LA's Section 8 housing waitlist lottery were submitted and are currently under review.
Of the five most expensive cities in the country, four of them are in California, according to the report.
Renters’ homeownership dreams don’t match the reality in almost any of the large US housing markets.
It's the first time in 5 years that applications are again being accepted for the program, which provides rental assistance to eligible individuals and families by paying a portion of their rent directly to private landlords.
Applications are being accepted from Oct. 24 to Nov. 4.
It's a 24% increase from when the Section 8 Housing waitlist last opened five years ago.
It's a sobering look at the desperate need for affordable housing in Los Angeles.
More than 100 low-income tenants in San Bernardino face eviction by next week. The city said the property owner never got the proper permits for the former dorm building. The owner blames the city.
It's the first time in five years that applications will be accepted. Applications will be accepted online only for two weeks, starting Monday, October 17.