Housing Market News
Migration
Out-of-Towners Moving to Austin Spend $22,500 More on Homes Than Locals
Homebuyers who relocated to Austin during the pandemic paid an average of 7.8% above asking price, versus 3.7% above asking price for locals. This Redfin
Interest in Relocating Remains Elevated, With Nearly 1 in 3 Redfin.com Users Looking to Move to a Different Metro
Phoenix, Las Vegas and Sacramento are among the most popular destinations as remote work allows people the freedom to move from expensive job centers to
More Than 31% of Homebuyers Are Looking to Move to Another Metro, With Pandemic-Driven Migration Pushing Up Prices in Popular Destinations
Phoenix, Austin and Sacramento were three of the five most popular migration destinations in May, and they’re also among the top five metros with the
Eight out of 10 People Who Relocated During the Pandemic Are in a Similar or Better Financial Position Post-Move
About two-thirds of surveyed Redfin.com users who moved to a different metro over the last year have the same or lower housing costs; almost as
The Wave of Pandemic-Era Relocations Continued in April, With Nearly 31% of Homebuyers Looking to Move to Another Metro
The swell of relocations eased slightly in April from the first quarter, when 31.5% of Redfin.com users searched for homes in a different metro area.
For Low-Tax States, Four People Move In For Every One Person Who Leaves
The trend is reversed in high-tax states, where an average of 2.5 people leave for every one person who moves in. One in five homebuyers
Migration Destinations Like Phoenix, Atlanta, Vegas and Austin Keep Attracting Thousands of Homebuyers From Pricey, High-Tax Metros
Twenty-five percent of Redfin.com home searchers looked to move to another metro area in the second quarter of 2019, compared to 24 percent during the same period last year.
These are the Hottest Neighborhoods in the Nation’s Top Migration Destinations
In the nation’s top migration destinations, Phoenix’s Arcadia, Sacramento’s River Park, and Atlanta’s Buckhead top users search results, among other in-demand neighborhoods.
Los Angeles, San Diego and Seattle are the Most Popular Destinations for Out-of-Towners Searching for $1M-Plus Homes
Los Angeles, Seattle & San Diego are the most popular destinations for Redfin.com home searchers looking at $1M-plus listings.
Redfin Migration Report: Phoenix is the Top Destination, Particularly among Los Angelenos and People Looking to Leave Other Expensive, High-Tax Metros
Twenty-five percent of Redfin.com home searchers looked to move to another metro area in the first quarter of 2019, compared to 23 percent during the same period last year.
Mapping America’s Next Tech Hubs: A Look at Housing Market and Migration Trends in Atlanta, Austin, D.C. and Other Hot Destinations for Tech Companies
On an interactive map, we’re tracking the moves—as they relate to housing market and migration trends—of several major West Coast tech companies that have announced
Amazon’s Big Plans for Bellevue Could Spur the Seattle Suburb Back Into a Real Estate Frenzy
Home prices in Bellevue were down 6.1 percent year over year in February, but Amazon’s growth in the city could help its real estate market
