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
Here Are Eight U.S. Migration Hotspots Where Homes Are Still Relatively Affordable
As a record share of homebuyers move to different parts of the country, prices in popular destinations like Miami and Phoenix have shot up. But
A Record Share of Homebuyers Are Relocating as Skyrocketing Housing Costs Make Affordable Areas Even More Attractive
Nearly one-third (32.3%) of Redfin.com users looked to move away from their hometown in the first quarter, an all-time high. The number of homebuyers leaving
A Record Share of U.S. Homebuyers Are Looking to Relocate as Prices Skyrocket
With home prices up 16% from a year ago and mortgage rates rising, many Americans are searching for homes in more affordable areas. The share
Nearly 1 in 3 Homebuyers Is Looking to Relocate, an All-Time High
Redfin’s chief economist predicts the share of Americans relocating will keep increasing as the year goes on, with rising mortgage rates and skyrocketing rents making
Out-of-Town Buyers Have Nearly 30% More to Spend on Homes Than Locals in Migration Hotspots Like Nashville, Atlanta and Miami
Relocators have more to spend on homes than locals in 42 of the 49 cities included in this analysis. The average out-of-towner moving to Nashville
Home Prices Are Soaring in America’s Most Popular Migration Destinations
Phoenix, Dallas and Orlando were the most popular migration destinations of 2021. But with home prices up roughly 30% in certain Sun Belt hotspots, some
