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Housing Market

Affordability

Half of Homes In Seattle and Washington, D.C. Are In Economically Integrated Neighborhoods—a Bigger Share Than Other Major U.S. Cities

The two cities have relatively large proportions of households located in neighborhoods with about equal numbers of high-end and affordable homes—a dynamic that can promote distribution of wealth and economic mobility, but can also be a sign of gentrification. Los Angeles is on the opposite end of the spectrum, with over three-quarters of homes in […]

11% of Redfin.com Searches Were For $1 Million-Plus Homes in January, Up From 8.5% a Year Earlier

Homebuyer interest in million-dollar-plus homes reached a record high in January, reflecting the K-shaped economic recovery that’s unequally benefiting affluent Americans. Nationwide, 10.8% of saved searches on Redfin.com filtered exclusively for homes priced over $1 million in January. That’s up from 8.5% a year earlier and the highest share since Redfin started tracking this data […]
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