Housing Market News
Migration
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
50% of Homeowners Who Moved Recently Cited Crime as Important Factor: Survey
Crime and safety was the most commonly cited factor for homeowners deciding where to move. For renters it was cost of living, with climate change at the bottom of the ranking.
30% of Homebuyers Looked to Move Metros in the Third Quarter, the Lowest Share Since 2020
Interest in relocation fell for the second-straight quarter as life continued to return to normal following pandemic lockdowns. Still, migration remained more common than it
1 in 7 Recent Movers Refuse to Live In a Place Where Abortion Is Fully Legal: Redfin Survey
A similar share—about 1 in 8—would only live somewhere abortion is fully legal. The lion’s share of respondents prefer to live in a place with
Interest in Relocation Dips Slightly, With 30% of House Hunters Looking to Move to a Different Metro Area
That’s down from a peak of 32% at the start of the year, but higher than the 26% level we saw early in the pandemic.
Miami Has Seen Migration of Homebuyers Triple Since Last Year
Three of the 10 most popular migration destinations in July were in the Sunshine State, which faces high risk from storms and rising sea levels.
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
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
