Housing Market News
Migration
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.
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
