Settling for second-best has been a choice many homeowners seeking a popular hotspot have had to make after being priced out of such elite markets as Phoenix and Miami.

Areas such as Bakersfield, Virginia Beach and San Antonio are priced below the national median, according to Redfin.

The real estate brokerage reported this week that 32 percent of homebuyers nationwide looked to move to a different metro area in April, close to the all-time high of 32.3% set in the first quarter.

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