Housing Equality & Policy
Policy
Americans Across Party Lines Back Policies to Improve Housing Affordability: Redfin Survey
Most Republicans and Democrats believe there should be federal policies in place to make housing more affordable, according to a recent Redfin survey. For instance,
How a 50-Year Mortgage Would Differ From a 30-Year Mortgage—and What It Would Mean for Homebuyers
A proposed 50-year mortgage could lower monthly payments, but buyers would pay far more interest over time and build equity far more slowly. The Trump
Homeowners in New York, California and Other Coastal States Could Shave Thousands Off Their Annual Tax Bill with SALT Cap Increase
The typical New York household impacted by the raised SALT cap will save $7,092 annually—the most of any state. 86% of Massachusetts homeowner households could
Two in Five American Workers are Delaying or Canceling a Major Purchase Like a Home or Car Due to Feelings About Job Security
Nine percent of American workers are canceling plans to make a major purchase, such as buying a home or car, due to their feelings about
Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability
51% of surveyed homeowners and renters think less immigration could make homes more expensive, while 39% think it could make homes more affordable. 68% of
Real Estate Agent Commissions Haven’t Changed Much Since the NAR Settlement Took Effect
Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in
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
