Housing Market News
Migration
A Third of Homebuyers Will Consider Moving to Another State if SALT Deductions Are Eliminated
Redfin surveyed nearly 900 homebuyers to understand how tax reform could impact their homebuying plans.
Top Migration Destinations Include Nation’s Most Active Metros for Residential Construction
For the First Time, Nashville Ranks among the Top 10 Migration Destinations, at #8
Migration Patterns Show More People Leaving Politically Blue Counties
The housing affordability crisis is driving residents out of the most Democratic counties.
Migration Report: Home Affordability Continued to Shape Migration Currents as Homebuyers Looked to Leave Expensive Coastal Cities in the Second Quarter
The Bay Area, New York and Los Angeles ranked highest for net outflow of home searchers.
Movement Out of California Was the Most Influential Driver of U.S. Migration Patterns in Early 2017
One in five Redfin users searched for homes outside their metro; Boston, Chicago and Seattle had the most loyal residents.
Fast-Paced Home Sales Present New Challenges and Opportunities for People Looking to Move in 2017
Fast-paced home sales can be both a curse and a blessing for repeat buyers
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
Out-of-Towners Moving Into Nashville, Atlanta and Austin Have More Than 30% Bigger Homebuying Budgets Than Locals
Out-of-towners have bigger budgets than locals in 31 of the 34 cities included in this analysis, and they’re driving up home prices. The average housing
