Housing Market News
Migration
26% Fewer Canadians Are Searching For Homes in the U.S. Than Last Year
The number of Redfin.com users based in Canada searching for U.S. homes to rent or buy fell 26.4% from a year earlier in May. That’s
Florida and Texas Are Gaining Residents at a Much Slower Rate Than They Used To, Eating Into Homebuyer Demand
The rising cost of housing and the increasing frequency of natural disasters are slowing migration to certain Florida and Texas metros. The flow of U.S.
Thousands More People Are Moving In Than Out of Fire- and Flood-Prone America, Fueled by Migration to Texas and Florida
America’s high-fire-risk counties saw a net inflow of 63,000 people last year, driven by migration to Texas. High-flood-risk counties saw a net inflow of 16,000,
San Francisco Is Coming Back: Homebuyers are Leaving the Bay Area at Half the Pandemic-Era Rate
Far fewer homebuyers are leaving the Bay Area as life returns to pre-pandemic norms, with many tech companies requiring in-person work and the novelty of
The Pandemic-Driven Migration Boom Is Waning, With the Share of Homebuyers Relocating at Lowest Level in 18 Months
The share of homebuyers moving to a different metro area is coming down from a peak as it becomes less feasible to work remotely. For
Nashville Lands on List of Popular Homebuyer Migration Destinations For First Time Since 2021
Nationwide, there are fewer homebuyers looking to relocate than a year ago due to elevated mortgage rates and high housing costs. But many of the
Santa Barbara, Louisville and Buffalo Have Soared in Popularity With Out-of-Town Homebuyers Since the Pandemic Began
A record 29% of Redfin.com users looked to move to a different metro area in the third quarter. Santa Barbara has grown the most in
New York’s Loss is Florida’s Gain: Redfin.Com Users Leaving Expensive States Picks Up With Pandemic
Nearly 53,000 more Redfin.com users looked to move out of California than into it in the third quarter, a 62% increase since the third quarter
Redfin Survey: 16% of U.S. Residents Would Consider Leaving the Country if Their Candidate Loses, Up From 9% in 2016
And one-quarter of respondents said they would want to move to a different state if the Supreme Court increased states’ rights. Sixteen percent of Americans
Migration May Contribute to a 51,000-Voter Swing For Democrats in Arizona
Movement from costly West Coast cities has likely factored into the uptick in registered Democrats in Arizona and Nevada, while wealthy retirees moving to Florida
Sacramento, Austin and Phoenix Are the Most Popular Destinations For People Searching For Homes Outside Their Metro Area
Remote work is accelerating the trend of migration away from expensive places like New York and San Francisco toward relatively affordable inland areas.
Affordable Areas Outside Big Cities Are Heating Up the Fastest As the Pandemic Changes Homebuyers’ Priorities
Relatively inexpensive areas outside major cities—like El Dorado County, just east of Sacramento, and Camden County, across the river from Philadelphia—are gaining ground with homebuyers as New York City and San Francisco lose steam.
