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
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
