Coastal Living & Real Estate
Where Are Affluent Trailblazers Moving?
Historically, wealth has been concentrated in New York and California. This is still true for 2020; however, it is beginning to shift. The lifting of mobility constraints, combined with changing residential preferences and other financial considerations, has hastened relocations and fueled an exodus out of dense metropolises. Some experts have nicknamed these places “Zoom towns.” The emergence of these markets points to the growing diversification and decentralization of wealth in the U.S.
For more on what’s driving these trends, read the complete 2020 report, “A Look at Wealth: Affluent Trailblazers.”
About Georgina Jacobson
Georgina Jacobson is a Newport Beach luxury real estate specialist with more than three decades of experience serving buyers and sellers in Newport Beach, Newport Coast, Corona del Mar, Laguna Beach and coastal Orange County. She leads the Georgina Jacobson Group with Coldwell Banker Realty. California DRE #01176109.
Discuss your coastal real estate goals
Connect with the Georgina Jacobson Group to talk through your next purchase or sale.