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
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
