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
The Pride Premium: People in LGBTQ+ Friendly Areas Need to Earn $150,000 to Afford the Typical Home—A Premium of Nearly 50%
The typical home in areas with LGBTQ+ housing protections costs $492,290, compared with $357,010 for the typical home in areas without protections. San Francisco and
Nearly 1 in 5 People Who Plan to Vote for Trump Want to Live in a Place Where Abortion is Legal: Survey
A similar share of Trump voters want to live in a place that has laws allowing discussion of LGBTQ topics in schools and laws ensuring
Nearly Half of Biden Voters Want to Live in a Place Where Weed Is Legal. Only 12% of Trump Voters Do
High earners, college grads and remote workers were all more likely than the typical survey respondent to say they want to live somewhere with legal
Over One-Quarter of Recent Homebuyers Have No Idea How Much Their Agent Was Paid: Survey
Nearly 20% of recent buyers have no idea who paid their agent and how the amount was determined. 39% of homeowners with plans to sell
Majority of U.S. Homeowners and Renters Say Housing Affordability Affects Their Pick for President
Meanwhile, nearly two-thirds of respondents to a new Redfin survey say housing affordability makes them feel negative about the economy. More than half (53.2%) of
Redfin Survey: Roughly 40% of Respondents Who Reside in Texas, Florida Would Prefer Living Somewhere Abortion Is Legal
Texas and Florida survey respondents are twice as likely to cite affordability as a factor in choosing where to live than alignment on social issues,
