Housing Market News
Migration
A Record Share of Homebuyers Relocate, Driven By Moves Away From Expensive Coastal Areas
High mortgage rates, persistent inflation and economic woes are making expensive parts of the country less attractive and relatively affordable places more popular. Migration out
More People Are Moving in Than Out of Places Experiencing Intense Drought
74% of U.S. metros with more than half of homes facing intense drought saw more people move in than out this year. An estimated $17
The Share of Homebuyers Looking to Relocate Jumped to New Record in July
San Diego and Portland, Maine are picking up in popularity with out-of-town buyers, while movement into Miami, Sacramento and Phoenix is slowing. Plus, fewer homebuyers
Migration Hotspots Have the Highest Inflation Rates
Phoenix, Atlanta, Tampa and Miami, all Sun Belt metros popular with relocating homebuyers, have the highest inflation rates in the country. Housing prices make up
A Record Share of Homebuyers Relocate As High Prices, Mortgage Rates Push Them Toward More Affordable Areas
Homebuyers are seeking out less expensive locales like Tampa and San Antonio, partly because the surging cost of housing and other goods is limiting their
Miami and Tampa Are the Most Popular Destinations For Relocating Homebuyers
Nationwide, a record share of homebuyers are relocating, many in search of affordability as prices and mortgage rates soar. Homebuyer migration remained at an all-time
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
