Housing Market News
Migration
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
Austin Was the Most Popular Destination for Redfin.com Users Looking to Move to a Different Metro in the Fourth Quarter
A record 30% of Redfin.com users looked to move to a different metro in the fourth quarter, a 16% uptick from the same time period
Survey: One-Third of Homebuyers Would Relocate If Remote Work Becomes Permanent; One-Third Already Have
Pandemic-driven relocation is likely to continue throughout 2021. Twenty-seven percent of homebuyers believe migration will make the country less divided, but the same share believe
Austin Is Attracting Twice As Many Out-of-Town Homebuyers As Last Year
Nationally, a record 29.4% of Redfin.com users looked to move to another metro in October and November. Sacramento, Las Vegas, Phoenix, Austin and Atlanta were
There’s Been a 70% Uptick in Redfin.Com Users Looking to Relocate to Sacramento and Las Vegas Since Last Year
There has been a 50% increase in the number of people looking to leave New York and Los Angeles since last year. Nearly 29% of
Redfin Survey: 1 in 4 Americans Want to Live Somewhere Else Due to Their Local Government’s Pandemic Response
Fifty-three percent of Americans are uncomfortable with the idea of moving to a big city, up from 39% before the pandemic. Twenty-six percent of Americans
Miami and Tampa Are the Most Popular Destinations For Relocating Homebuyers
Nationwide, a record share of homebuyers are relocating, many in search of affordability as prices and mortgage rates soar. Homebuyer migration remained at an all-time
Here Are Eight U.S. Migration Hotspots Where Homes Are Still Relatively Affordable
As a record share of homebuyers move to different parts of the country, prices in popular destinations like Miami and Phoenix have shot up. But
A Record Share of Homebuyers Are Relocating as Skyrocketing Housing Costs Make Affordable Areas Even More Attractive
Nearly one-third (32.3%) of Redfin.com users looked to move away from their hometown in the first quarter, an all-time high. The number of homebuyers leaving
A Record Share of U.S. Homebuyers Are Looking to Relocate as Prices Skyrocket
With home prices up 16% from a year ago and mortgage rates rising, many Americans are searching for homes in more affordable areas. The share
Nearly 1 in 3 Homebuyers Is Looking to Relocate, an All-Time High
Redfin’s chief economist predicts the share of Americans relocating will keep increasing as the year goes on, with rising mortgage rates and skyrocketing rents making
Out-of-Town Buyers Have Nearly 30% More to Spend on Homes Than Locals in Migration Hotspots Like Nashville, Atlanta and Miami
Relocators have more to spend on homes than locals in 42 of the 49 cities included in this analysis. The average out-of-towner moving to Nashville
