Housing Market News

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

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

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

Amazon HQ2 Could Quickly Turn Seattle Into a Buyer’s Market
With Amazon’s highly anticipated HQ2 announcement set to go public sometime before the end of the year, many are wondering how the Seattle area will

2018 Migration Trends accelerate as more people look to leave Denver, San Francisco, and Los Angeles
As mortgage rates climb, affordability in the most expensive markets has suffered, driving more people to affordable, low-tax inland job centers in states like Florida,

Migration to Low-Tax Metros is Accelerating as More People Looked to Leave Expensive Coastal Areas in the Second Quarter
Taxes are three-times lower in the top-10 migration destinations than in the 10 places people are most commonly leaving

Denver Joins Seattle and San Francisco as a Tech Hub with More People Looking to Move Out than Move In
Denver Joins Seattle and San Francisco as a Tech Hub with More People Looking to Move out than Move In

Affordable Inland Metros Drew People from San Francisco, New York and Los Angeles
The fourth quarter of 2017 saw migration from expensive, high-tax coastal markets to metros where taxes are lower and housing is more affordable.