Migration Just Turned AGAINST Housing

Описание: The housing market is not being broken by interest rates, the Fed, or inventory. It is being broken by migration.

For years, U.S. housing demand was supported by massive domestic migration into states like Florida and Texas, combined with high levels of international immigration and rapid household formation. That demand allowed prices to surge, builders to overbuild, and investors to assume buyers would always be there.

That assumption is now failing.

Domestic migration into the Sun Belt has collapsed to levels last seen over a decade ago. International immigration is slowing at the same time. Household formation is at a nine year low. Meanwhile, millions of homeowners are aging out of the market, and new supply continues to come online.

In this video, I break down the data that shows why migration was the real demand driver in housing, why that engine has stalled, and what happens to prices when the next buyer does not show up.

We cover:
• Why Florida and Texas are ground zero for this shift
• How pandemic migration pulled years of demand forward
• Why affordability matters more than sentiment
• What slowing household growth means for long term housing demand
• How demographics are setting up a structural housing problem

This is not a short term rate story. It is a long term demand story.

The key question every homeowner and investor needs to ask is simple:
Who is the next buyer at this price?

Drop a comment below with what you are seeing in your local market and whether migration is still supporting prices where you live.

If you are looking for a real estate agent who understands these trends, reach out and I will connect you with a top local expert.

For more unfiltered housing and economic analysis, follow me on X and check out my Substack - jonbrooks.substack.com

**Disclaimer**: This video reflects my personal opinions based on my experience and research. It should not be taken as financial, legal, or real estate advice. Always do your own due diligence and consult qualified professionals before making decisions.