Housing Market News

Affordability is a Relative Concept—Boston Tops U.S. Migration Destinations in the Third Quarter
Twenty-six percent of Redfin.com home searchers looked to move to another metro area in the third quarter of 2019, compared to 25 percent during the same period last year.

Migration Destinations Like Phoenix, Atlanta, Vegas and Austin Keep Attracting Thousands of Homebuyers From Pricey, High-Tax Metros
Twenty-five percent of Redfin.com home searchers looked to move to another metro area in the second quarter of 2019, compared to 24 percent during the same period last year.

These are the Hottest Neighborhoods in the Nation’s Top Migration Destinations
In the nation’s top migration destinations, Phoenix’s Arcadia, Sacramento’s River Park, and Atlanta’s Buckhead top users search results, among other in-demand neighborhoods.

Los Angeles, San Diego and Seattle are the Most Popular Destinations for Out-of-Towners Searching for $1M-Plus Homes
Los Angeles, Seattle & San Diego are the most popular destinations for Redfin.com home searchers looking at $1M-plus listings.

Redfin Migration Report: Phoenix is the Top Destination, Particularly among Los Angelenos and People Looking to Leave Other Expensive, High-Tax Metros
Twenty-five percent of Redfin.com home searchers looked to move to another metro area in the first quarter of 2019, compared to 23 percent during the same period last year.

Mapping America’s Next Tech Hubs: A Look at Housing Market and Migration Trends in Atlanta, Austin, D.C. and Other Hot Destinations for Tech Companies
On an interactive map, we’re tracking the moves—as they relate to housing market and migration trends—of several major West Coast tech companies that have announced

For Low-Tax States, Four People Move In For Every One Person Who Leaves
The trend is reversed in high-tax states, where an average of 2.5 people leave for every one person who moves in. One in five homebuyers

Big Budgets From Out-of-Town Homebuyers Are Edging Out Locals in Popular Destinations Like Phoenix & Las Vegas
With a record share of Redfin.com home searchers looking to move to another metro, out-of-towners are making it difficult for local residents to win bidding

A Record 31% of Redfin.com Users Look to Relocate as Homebuyer Interest in Affordable Areas Intensifies
Phoenix is the most popular destination for Redfin.com users looking to move away from expensive coastal cities. Some out-of-town buyers are shifting their search from

Remote Tech Workers Moving From San Francisco to Las Vegas Would Have $40,000 More Disposable Income in Their New Hometown
Redfin’s migration affordability calculator shows that a move from Seattle to Phoenix would yield $12,000 more in annual disposable income for the typical tech worker,

Bend, Boise and Charleston Are Attracting Twice as Many Out-of-Town Homebuyers as Last Year Amid Pandemic-Fueled Migration
A record 31% of Redfin.com users looked to move to a different metro in January, driven by homebuyers relocating to relatively affordable metro areas. Nationwide,

Austin, Atlanta & Tampa Are Attracting Homebuyers From More Expensive Cities, Contributing to a Housing Supply Crunch
Twenty-eight percent of Redfin.com users looked to move to another metro area in 2020, up from 25.5% in 2019, driving double-digit inventory shortages in popular