Big drop in Bay Area transplants coming to Seattle to take your homes

Seattle residents fed up with soaring housing prices may have to find a new scapegoat to blame the crisis on: It looks like the surge of San Francisco Bay Area transplants moving here to gobble up homes is fading fast.

Redfin reported Thursday that the number of Bay Area residents searching its site for homes in the Seattle area has dropped 45 percent compared to a year ago. It comes after the number of people exploring the Bay Area-to-Seattle move had quadrupled in the previous four years, intensifying long-running (and largely overblown) fears that wealthy techies and other Californians were coming here and plunking down huge cash sums to drive up prices across the Puget Sound region.

Are we leaving or are we not? Bayxit?

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