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California homebuyers continue coasting into Austin's real estate market

More and more people from California are moving to Austin and Texas, according to a report.

CULTUREMAP AUSTIN -- The Californians are coming! The Californians are coming! The Californians are coming!

The new 2018 Migration Trends study by residential real estate brokerage site Redfin shows California is the top source of people from other metro areas shopping for homes in Austin.

For the study, Redfin analyzed a sample of more than 1 million online users searching for homes across 80 metro areas from July through September 2018. It then ranked metro areas for net inflow (more people seeking to move to area than leave it) and net outflow (more people seeking to leave an area than move to it).

In the Austin area, the biggest generator of inflow was San Francisco, unsurprising considering both cities are hubs for the technology sector. In Dallas, the L.A. area produced the most potential newcomers, according to the Redfin study.

Redfin found that 27.5 percent of home searches in Austin came from outside the Capital City; the same figure for Dallas was 22.5 percent.

Read the full story on CultureMap Austin, here.