Housing Market News

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.

House Hunters’ Hunger for Small Towns Continues to Soar—Even as Interest in Big Cities Begins to Recover
Americans are shopping for homes in small towns at an exceptionally higher rate than they were last year and even last month

Interest in Rural Areas and Small Towns Spikes During the Coronavirus Outbreak
Small towns and rural areas may be set to boom in the wake of the coronavirus outbreak. Homebuyer interest in these less-populous areas surged in March.

Arizona Amasses Californians and the Political Climate is Changing
Arizona’s political climate looks to change in 2020 after seeing an increase in people migrating from California looking for cheaper housing

Remote Work Is Enabling Americans to Move to More Affordable Cities
For 25% of Americans, telecommuting increases after a move.

Migrants Out of Expensive West Coast Metros Flocked to Portland, Oregon in Q4
Twenty-six percent of Redfin.com home searchers looked to move to another metro area in the fourth quarter of 2019, compared to 25% during the same period last year.

Amazon’s Big Plans for Bellevue Could Spur the Seattle Suburb Back Into a Real Estate Frenzy
Home prices in Bellevue were down 6.1 percent year over year in February, but Amazon’s growth in the city could help its real estate market

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