Nearly 1 in 3 Homebuyers Is Looking to Relocate, an All-Time High
Redfin’s chief economist predicts the share of Americans relocating will keep increasing as the year goes on, with rising mortgage rates and skyrocketing rents making
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
Redfin’s chief economist predicts the share of Americans relocating will keep increasing as the year goes on, with rising mortgage rates and skyrocketing rents making

Investors bought 18.4% of the U.S. homes that were purchased in the fourth quarter, a record high. Investor demand is stronger than ever as home
Relocators have more to spend on homes than locals in 42 of the 49 cities included in this analysis. The average out-of-towner moving to Nashville
Demand for second homes hit its highest level in a year in January, with affluent Americans locking in mortgage rates before they increase further. Meanwhile,
Phoenix, Dallas and Orlando were the most popular migration destinations of 2021. But with home prices up roughly 30% in certain Sun Belt hotspots, some
Saving pandemic-related stimulus money is the second-most common way to accumulate money for a down payment. Nearly one-quarter (24%) of first-time homebuyers are using stimulus
Redfin’s chief economist predicts the share of Americans relocating will keep increasing as the year goes on, with rising mortgage rates and skyrocketing rents making

Investors bought 18.4% of the U.S. homes that were purchased in the fourth quarter, a record high. Investor demand is stronger than ever as home
Relocators have more to spend on homes than locals in 42 of the 49 cities included in this analysis. The average out-of-towner moving to Nashville
Demand for second homes hit its highest level in a year in January, with affluent Americans locking in mortgage rates before they increase further. Meanwhile,
Phoenix, Dallas and Orlando were the most popular migration destinations of 2021. But with home prices up roughly 30% in certain Sun Belt hotspots, some
Saving pandemic-related stimulus money is the second-most common way to accumulate money for a down payment. Nearly one-quarter (24%) of first-time homebuyers are using stimulus