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
Home Prices Are Soaring in America’s Most Popular Migration Destinations
Phoenix, Dallas and Orlando were the most popular migration destinations of 2021. But with home prices up roughly 30% in certain Sun Belt hotspots, some
The Share of Homebuyers Looking to Relocate Is Near Pandemic Peak
Nearly one-third of Redfin.com users looked to move away from their hometown in the fourth quarter, close to the record high set in the first
1 in 10 Homebuyers & Sellers Say Climate Risk is Main Reason For Move: Redfin Survey
About half of homebuyers and sellers cite climate-related risks as at least one reason for their move. Roughly half have spent at least $1,000 to
Movers Flock to Miami, the Most Popular Migration Destination for 4th Straight Month
Homebuyer interest in moving to a new metro area remains elevated above pre-pandemic levels, with roughly 30% of Redfin.com users looking to relocate, as remote
Most Recent Movers Think Climate Change Will Impact Their Area
63% of people who moved during the pandemic believe climate change is or will be an issue in the place they now live. Homeowners were twice as likely as renters to have researched climate issues before moving.
Share of Homebuyers Looking to Relocate Dips Slightly in October
30% of Redfin.com users looked to move metros last month, down from 32% at the start of 2021 but still above the 26% share we
