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
South Carolina Could See a 10% Increase in Rental Vacancies When Eviction Moratorium Ends
Ending the national eviction will have a different impact in different states, with some positive outcomes, like an increase in homes available for rent or
New Tax Credit Would Make Rent Affordable for Half a Million American Families With Children
The newly enacted child tax credit has the potential to reduce the number of rent-burdened households with children by nearly 9%. The newly enacted child
It’s About to Become Less Expensive to Sell Your Home. Here’s Why.
The fees that sellers pay to buyers’ agents are expected to decline as a federal legal battle ushers in a new era of transparency around
The Biden Administration Could Create Three Times as Many Affordable Homes By Building in Places Already Affordable
In order to solve the housing shortage, the Biden administration should spend its affordable housing budget outside of expensive California cities and focus instead on
More Than 40% of Lower-Income Households in the Bay Area and Seattle Are Rent-Burdened
Amazon’s recent pledge aims to help address the housing affordability problem in certain areas. Even huge amounts of money–like Amazon’s commitment of $2 billion–will only
Migrants Likely Helped Flip Georgia Blue, With 50,000 More People Moving Into the State Than Out Last Year
Georgia had the sixth-biggest net inflow of any state in 2019, and affordable Atlanta is perennially one of the most popular destinations for Redfin.com users
