Housing Market News
Migration
Coastal Migrants Boost Las Vegas Home Prices, Up 8% in August, Amid High Local Unemployment Rate
People moving in from expensive cities and locals with pandemic-driven changing needs are contributing to rising home prices and fast sales in Las Vegas.
Sacramento Was the Most Popular Migration Destination in July, With More Than Half of Home Searches From Buyers Outside the Area
The coronavirus pandemic is exacerbating the trend of moving from expensive coastal areas like San Francisco and New York to affordable inland places like Sacramento, Phoenix and Las Vegas.
More than 27% of Homebuyers Are Searching Out of Town, with Phoenix, Sacramento and Las Vegas the Most Popular Destinations
Redfin agents say the coronavirus pandemic is accelerating migration because it’s causing homebuyers to rethink what they want in a home, with preferences for more space, both indoor and outdoor.
A Record 27% of Homebuyers Are Looking to Relocate, as Pandemic Accelerates Trend Toward Affordable, Less Dense Areas
The coronavirus pandemic may be accelerating migration patterns that were already in place: Movement away from high-priced coastal cities to affordable inland areas like Phoenix, Sacramento and Las Vegas.
As Remote Work Continues, Bay Area Homebuyers Hone In on Oakland and Other Suburbs
San Francisco homebuyers are now considering farther-flung suburbs in the Bay Area, where they can get more space for less money, as remote work becomes the norm in the age of coronavirus.
Post-Pandemic Migration from Expensive Cities Likely As 1 in 4 Newly Remote Employees Expect Work-From-Home to Continue
The sudden shift to remote work, brought on by the coronavirus shutdowns will accelerate a major migration away from expensive coastal cities.
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
