Looks like they are leaving the Midwest for the northeast.
As many of them are saddled with debt, they want to live in tight urban clusters, where they can take advantage of economies of scale (e.g., public transit, walkable neighborhoods).
I live in Philly and see this gentrification first hand. There is a neighborhood called Point Breeze. Five years ago, it was a ghetto. Nowadays? Well, it's still the ghetto, but each time I go there I see more and more hipsters, yuppies, and young professionals. There's even an upscale, craft-beer bar now. Expensive houses are taking the places of empty lots. It's on the come up, that's for damn sure.
If you have some spare cash and are willing to take a gamble--though it's a slight gamble, I assure you--buy real estate in Philly and Baltimore. These two cities specifically because they are East Coast (read: dense), but without the super high cost of living like DC, NYC, or Boston.
