Housing Market News
Migration
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
Nearly Two-Thirds of Homebuyers and Sellers Are Hesitant to Move Somewhere With Climate Risk: Survey
62% of people who plan to buy or sell a home in the next year are reluctant to relocate to a place at risk of
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.
