Housing Market News
Migration
Out-of-Town Moves Have Fallen 6% From a Year Ago, Compared With 17% Drop For In-Town Moves
Fewer homebuyers are looking to move to a different part of the country–but the dropoff isn’t as big as it is for those remaining close
Out-of-Town Moves Remain Popular As High Housing Costs Push Homebuyers to Affordable Areas
Redfin.com home searches in out-of-town destinations have dropped 4% from a year ago, compared with a 16% drop for searches near home. Migration is holding
Cross-Country Movers Largely Undeterred By High Mortgage Rates
Redfin.com user search data shows that 14% fewer homebuyers looked to move within their own metro area than a year earlier in February, compared with
Miami Is the Most Popular Metro For Relocators, With Homebuyers Drawn to Comparatively Low Costs
A record 25% of Redfin.com home searchers looked to move to a different U.S. metro in January, many in search of relatively affordable housing. Miami,
A Record 25% of Home Searchers Looked to Move to a New Metro at the End of 2022 as High Housing Costs Drove Relocation
Economic uncertainty and 6%-plus mortgage rates caused fewer Americans to purchase homes in the fourth quarter. But those who did buy relocated at an unprecedented
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
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.
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.
