Housing Market News
Migration
The Share of Homebuyers Looking to Relocate Is Near Pandemic Peak
Nearly one-third of Redfin.com users looked to move away from their hometown in the fourth quarter, close to the record high set in the first
1 in 10 Homebuyers & Sellers Say Climate Risk is Main Reason For Move: Redfin Survey
About half of homebuyers and sellers cite climate-related risks as at least one reason for their move. Roughly half have spent at least $1,000 to
Movers Flock to Miami, the Most Popular Migration Destination for 4th Straight Month
Homebuyer interest in moving to a new metro area remains elevated above pre-pandemic levels, with roughly 30% of Redfin.com users looking to relocate, as remote
Most Recent Movers Think Climate Change Will Impact Their Area
63% of people who moved during the pandemic believe climate change is or will be an issue in the place they now live. Homeowners were twice as likely as renters to have researched climate issues before moving.
Share of Homebuyers Looking to Relocate Dips Slightly in October
30% of Redfin.com users looked to move metros last month, down from 32% at the start of 2021 but still above the 26% share we
34% of Recent Movers Live In Single-Income Households, Up From 29% Before the Pandemic: Survey
More than three-quarters of respondents report feeling happier after relocating. More than one-third (34%) of people who moved during the coronavirus pandemic live in a
Austin, Once a Migration Hotspot, Is Losing Homebuyers to Other Cities For First Time on Record
Homebuyers are looking to leave Austin as housing costs stay high, and some recent transplants move back to their hometowns. On the other side of
A Record Share of Homebuyers Are Relocating, Many to Places Endangered By Climate Change
Sacramento and Las Vegas, which grapple with extreme heat, are the most popular destinations for relocating homebuyers. Four of the 10 most popular are in
Myrtle Beach, SC Lands on List of Popular Homebuyer Migration Destinations For First Time
A record 26% of Redfin.com users are looking to move out of their hometown. Relatively affordable places like Las Vegas, Sacramento and Myrtle Beach are
Las Vegas Tops List of Popular Homebuyer Destinations For First Time, With West Coast Migrants Drawn to Cheaper Homes
The typical Las Vegas home costs less than half as much as one in Los Angeles, San Francisco or Seattle, the most common origins for
Migration Into America’s Most Flood-Prone Areas Has More Than Doubled Since the Start of the Pandemic
Nearly 400,000 more people moved into than out of the most flood-prone counties in 2021 and 2022—a 103% increase from the prior two years. The
Drought-Stricken Phoenix Is the Top Destination For Relocating Homebuyers
A record one-quarter of Redfin.com house hunters are looking to relocate to a different part of the country as high mortgage rates make affordable areas
