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.
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.
Amazon: Here’s Where Seattleites Are Already Looking to Move
Amazon HQ2 will fuel the trend of people moving away from expensive coastal markets to smaller, more affordable inland cities. Redfin ranked the candidates.
