Housing Market News
Migration
Big Budgets From Out-of-Town Homebuyers Are Edging Out Locals in Popular Destinations Like Phoenix & Las Vegas
With a record share of Redfin.com home searchers looking to move to another metro, out-of-towners are making it difficult for local residents to win bidding
A Record 31% of Redfin.com Users Look to Relocate as Homebuyer Interest in Affordable Areas Intensifies
Phoenix is the most popular destination for Redfin.com users looking to move away from expensive coastal cities. Some out-of-town buyers are shifting their search from
Remote Tech Workers Moving From San Francisco to Las Vegas Would Have $40,000 More Disposable Income in Their New Hometown
Redfin’s migration affordability calculator shows that a move from Seattle to Phoenix would yield $12,000 more in annual disposable income for the typical tech worker,
Bend, Boise and Charleston Are Attracting Twice as Many Out-of-Town Homebuyers as Last Year Amid Pandemic-Fueled Migration
A record 31% of Redfin.com users looked to move to a different metro in January, driven by homebuyers relocating to relatively affordable metro areas. Nationwide,
Austin, Atlanta & Tampa Are Attracting Homebuyers From More Expensive Cities, Contributing to a Housing Supply Crunch
Twenty-eight percent of Redfin.com users looked to move to another metro area in 2020, up from 25.5% in 2019, driving double-digit inventory shortages in popular
Out-of-Towners Moving Into Nashville, Atlanta and Austin Have More Than 30% Bigger Homebuying Budgets Than Locals
Out-of-towners have bigger budgets than locals in 31 of the 34 cities included in this analysis, and they’re driving up home prices. The average housing
Young Americans Are Choosin’ Texas. But Gen Zers Are Moving To San Antonio and Austin, While Millennials Favor Houston.
Gen Zers and millennials alike are leaving some of the nation’s biggest, most expensive metros, but they’re at different life stages—and that shows up in
Americans Are Leaving Areas at Risk of Poor Air Quality, Mostly Because They’re Expensive
U.S. counties at high risk of poor air quality lost 277,740 residents in 2025–roughly half as many as they lost in 2021, at the peak
15% Fewer Canadians Are Searching for Homes in the U.S. Than Last Year
The number of Canada-based Redfin.com users searching for U.S. homes fell 15.3% year over year in June. Over the last two years, Canadian searches for
19% of of House Hunters Are Looking to Relocate–And They’re Headed to the Sun Belt
Nearly 1 in 5 U.S. house hunters looked to relocate to a different metro area in the first quarter, up slightly from a year earlier.
Long-Distance Moves Tick Up: Nearly 1 in 5 House Hunters Are Looking to Relocate
Florida dominates the list of most common migration destinations. Boise and Spokane are also popular. But movement into Florida has slowed significantly since the pandemic
The Number of Canadians Searching For U.S. Homes Is Down 20% From Last Year
Canadian searches for U.S. homes dropped off when the White House announced steep tariffs on Canadian goods in the spring. The decline is especially steep
