Housing Equality & Policy
Policy
The Price of Opportunity: Homes Cost 38% More in Neighborhoods That Offer the Best Shot at Upward Mobility
The typical home purchased in high-opportunity U.S. neighborhoods went for $470,000 last year—$130,000 more than the typical home in low-opportunity areas. The price premium for
The Housing Market Has Already Endured 10 Long Years of Inflation. These are the Hard-Learned Lessons We Should Apply Now to the Broader Economy.
It all comes down to supply and demand. For the first time since the 1980s, Americans are dealing with 8%+ inflation in consumer prices. American
In Texas and Florida, Nearly 90% of Flood-Insurance Policyholders Set to See Premiums Rise Due to FEMA Overhaul
The two Sun Belt states—which have gained more residents than any other state during the pandemic—are getting hit hardest by FEMA’s price hikes. By comparison,
Homebuyer’s Agent Commission Rate Dips to 2.63%, the Lowest Since At Least 2017
In a strong seller’s market, some homeowners are realizing they can attract bidders without offering as high of a percentage to the buyer’s agent. The
Neighborhood Crime Data Doesn’t Belong on Real Estate Sites
We recently decided not to add neighborhood crime data to Redfin.com. We were considering this because we’re very much focused on answering all the questions
2 in 5 Real Estate Agents Say Pocket Listings Are Becoming More Common
Pocket listings—homes sold without being marketed publicly—have become more common since 2019, according to a survey of agents. 2.3% of homes listed in the third
24% of Americans are Scrapping Plans to Make a Major Purchase Like a Home or Car Due to Tariffs: Redfin Survey
Nearly one in four U.S. residents are canceling plans to make a major purchase, such as buying a home or car, because of President Trump’s
Implications for Housing Under a Potential Federal Spending Freeze
UPDATE (13:00 EST Wednesday): The White House issued a new memo on Wednesday, rescinding its Monday order. Press Secretary Karoline Leavitt said the latest memo
The Potential Impact of Immigration Policies on Housing
President-elect Donald Trump’s incoming administration plans to “seal the border” and deport millions of undocumented migrants from the United States, starting in 2025. The housing
Real Estate Agent Commissions Hold Steady Since New Industry Rules Were Implemented
Buyer’s agent commissions for closed home sales in October were 2.34% compared to 2.35% in August, when industry-wide changes were implemented following the NAR settlement.
New NAR Rules Are a Bargaining Chip, Putting Pressure on Commissions in Competitive Markets, But Redfin Agents Say Most Sellers Are Willing to Cover Some Fees
A few weeks after the new NAR rules went into effect, Redfin agents report some homebuyers and sellers are confused about fee agreements and who
The Typical Buyer’s Agent Earns 2.55% in Commission, a Rate That Has Declined Since the NAR Settlement Was Announced in March
Buyer’s agent commissions have declined since the NAR settlement announcement; the average stands at 2.55%, down from 2.62% at the beginning of the year. Changes
