Housing Market News
Migration
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.
More People Are Moving In Than Out of Areas Facing High Risk From Climate Change
The U.S. counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due
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
