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
Snowbirds Make Up One in Five New Yorkers Looking to Leave Town
One in ten New Yorkers looking to leave are searching in Florida According to Redfin’s fourth quarter migration data, over a third of New Yorkers
Long Island City Housing Market Bound for More Growth With or Without Amazon
The New York City neighborhood was already popular among residents seeking less expensive alternatives to Manhattan, and the void left by Amazon may be filled
Redfin Report: Seattle Reclaims its Migration-Destination Status
More People Look to Move to the Emerald City than Leave for Third Quarter in a Row as Denver Secures its Spot on the ‘Moving
Already a Haven for People Leaving the Bay Area, Austin Set to Rise in Popularity With Growing Apple Presence
As big tech companies open new offices outside Silicon Valley, the migration trend toward affordable cities is likely to continue. Apple’s recent announcement that it’s
In Already-Hot Nashville, Amazon Announcement Didn’t Boost Homebuyer Interest
Online views of homes in Long Island City and Crystal City soared, but Amazon’s plans for a major new office in Nashville didn’t have any
Views of Homes in Crystal City and Long Island City Spike After Amazon HQ2 News Reports
Potential Investors Are Looking for Homes to Rent to Amazon Employees
