Housing Market News
Migration
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
Austin, Once a Migration Hotspot, Is Losing Homebuyers to Other Cities For First Time on Record
Homebuyers are looking to leave Austin as housing costs stay high, and some recent transplants move back to their hometowns. On the other side of
A Record Share of Homebuyers Are Relocating, Many to Places Endangered By Climate Change
Sacramento and Las Vegas, which grapple with extreme heat, are the most popular destinations for relocating homebuyers. Four of the 10 most popular are in
Myrtle Beach, SC Lands on List of Popular Homebuyer Migration Destinations For First Time
A record 26% of Redfin.com users are looking to move out of their hometown. Relatively affordable places like Las Vegas, Sacramento and Myrtle Beach are
Las Vegas Tops List of Popular Homebuyer Destinations For First Time, With West Coast Migrants Drawn to Cheaper Homes
The typical Las Vegas home costs less than half as much as one in Los Angeles, San Francisco or Seattle, the most common origins for
Migration Into America’s Most Flood-Prone Areas Has More Than Doubled Since the Start of the Pandemic
Nearly 400,000 more people moved into than out of the most flood-prone counties in 2021 and 2022—a 103% increase from the prior two years. The
Homebuyers Are Flocking to the Sun Belt, Attracted to Relatively Affordable Home Prices
The share of Redfin.com users moving away from their home metro is near its record high as 6%-plus mortgage rates and inflation cut into homebuying
Homebuyers Are Looking to Relocate to Affordable Areas–Especially in Florida–Amid High Rates, Prices
The share of Redfin.com users looking to move to a different metro area is near its record high as high rates and prices up the
Pandemic Boomtowns Phoenix and Miami Have Among the Highest Inflation Rates in the U.S.
The inflation rate in Phoenix, which attracted scores of out-of-town homebuyers during the pandemic, is more than double the inflation rate in the Bay Area,
Nevada and Arizona Lost Democrats But Gained Independents as Californians Moved In During the Pandemic
Many Americans who were pushed out of pricey California moved to Nevada or Arizona in search of more affordable housing, perhaps registering as unaffiliated with
Homebuyers Are Looking to Move to Sacramento, Miami and Other Relatively Affordable Places as High Rates, Inflation Cut Into Budgets
Surging mortgage rates and persistently high home prices are motivating many of the buyers who remain in the market to relocate to more affordable areas,
Americans Flocked to Red and Purple Counties in Key Senate-Race States During the Pandemic
Pandemic-fueled migration to red and purple counties in key states has made them somewhat less white. Increasing diversity could swing some of those purple places
