Housing Equality & Policy
All Policy & Current Issues
May 19, 2022
It all comes down to supply and demand. For the first time since the 1980s, Americans are dealing with 8%+ inflation in consumer prices. American homebuyers, however, have been dealing with inflation since 2012. The typical home costs double what it did in 2012, but the typical worker is only earning 35% more. There are […]
April 26, 2022
The two Sun Belt states—which have gained more residents than any other state during the pandemic—are getting hit hardest by FEMA’s price hikes. By comparison, 81% of FEMA policyholders overall are seeing costs increase as a result of the agency’s insurance overhaul. Texas and Florida face substantial flood risk, and have in the past had […]
February 11, 2022
Black real estate wealth hit a record high in 2021– here is why I am hopeful it will continue to rise during this decade Black real estate wealth–the total value of homes owned by Black people in America–rose 28.9% year over year to a record high of $2.2 trillion in the third quarter of 2021, […]
February 2, 2022
In a strong seller’s market, some homeowners are realizing they can attract bidders without offering as high of a percentage to the buyer’s agent. The typical home seller pays the agent representing the buyer a fee equal to 2.63% of the sale price, down from 2.69% in 2020 and 2.75% in 2017. A fiercely competitive […]
December 13, 2021
We recently decided not to add neighborhood crime data to Redfin.com. We were considering this because we’re very much focused on answering all the questions people have when they’re considering a home purchase, and we know that one of these questions is whether they’ll feel safe in a given home or neighborhood. But the data […]
