Housing Market News
Affordability
Millennials are Thriving—Personally and Professionally—in These Five Cities
Salt Lake City, Oklahoma City and Detroit Have among the Highest Rates of Millennial Homeownership and Business Ownership In many coastal metros, millennials have a
Here Come the Tech IPOs: Redfin Agents Say the San Francisco Housing Market Is Heating Back Up
Home prices in San Francisco fell year over year for two months straight, but Redfin agents predict this year’s tech IPOs will change that.
Here are the Most (And Least) Affordable Metros for a Baby’s First Year, Including the Cost of Upgrading From Two to Three Bedrooms
We took a look at the cost of additional bedrooms, combined with childcare, healthcare and other supplies, to find the most and least costly metros to have a baby.
Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago
For musicians in Nashville, just 10% of homes are affordable. The city’s $500M commitment to affordable housing—along with a request for $250 million from the private sector—is aiming to change that.
In Charleston, 24% of Homes Are Affordable on a Teacher’s Salary, Down From More Than 50% Five Years Ago
We’ve taken a look at how housing affordability has changed for teachers in several South Carolina metro areas over the years as the group prepares to go on strike to demand higher wages.
In Atlanta, Nearly Half of Homes For Sale Are Affordable on the Nation’s Median Income. In San Francisco? Less Than 1%.
Redfin’s new affordability tool allows users to visualize and compare housing affordability on different incomes and in different parts of the country. In the Atlanta
Housing and Childcare Consume More Than Half of the Typical U.S. Family’s Income–But Costs Vary Widely by Metro
Where a family lives can change the affordability equation: housing and childcare consume 40% of the typical working family’s income in Little Rock, compared with
First-Time Buyers Catch a Break As Affordability For U.S. Starter Homes Improves Slightly Faster Than Overall Market
Starter-home affordability is improving: The income needed to afford a typical U.S. starter home is down 1.5% from a year ago, marking eight straight months
The Income Needed to Afford Typical American Home Holds Steady Near Record High of $110,000
Housing costs keep rising, but so do incomes, leaving the income required to afford a home largely unchanged from last year’s record high. The income
From Bust to Boom: San Francisco Home Prices Are Now $1 Million Higher Than Housing-Crash Bottom
San Francisco’s median home-sale price dropped to a low of $625,000 in the aftermath of the Great Recession; since then, it has risen over $1
Affordable, Inland College Towns Buck National Trends, Seeing Double-Digit Home Price Growth and Fast Sales
Morgantown, WV, Syracuse, NY and Tuscaloosa, AL, lead U.S. college towns in home-price growth, all posting double-digit year-over-year climbs. The most expensive college towns—Santa Barbara,
There Are Now Only 5 Major Metros Where A Typical Luxury Home Costs Less Than $1 Million
The number of major metros where you can buy a luxury home for less than $1 million is down to five from eight last year.
