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
42% of Americans Are Hesitant to Move to a Place Where They’d Be in the Political Minority, Up From 32% in June
The share of people who are hesitant to relocate to an area where they’d be in the racial, ethnic or religious minority also increased—to 28%
Redfin Survey: Most Suburban Residents Wouldn’t Mind a Low-Income Housing Development in their Neighborhood
Thirty-eight percent of homebuyers and sellers don’t want to see low-income housing in their neighborhood, according to an August Redfin survey of more than 1,400
6.5% More Americans Looked to Relocate to Red and Swing Counties than to Blue Counties in the Spring
In search of affordability and space, people are leaving politically liberal areas for conservative places, a trend that’s more pronounced in swing states. Migration to
Redfin Survey: 22% of Homebuyers and Sellers Say the Presidential Election Is Impacting Their Plans
Historically, home sales have remained relatively flat during the fall and early winter of election years compared with non-election years. This year, we expect 6.2 million total home sales, 3% more than 2019
Hot Housing Market Spans the Political Spectrum, with Prices Up Double Digits in Blue, Red and Swing Counties
Homes are selling the fastest in swing counties, a reflection of rising interest in the suburbs as the pandemic drives homebuyers to prioritize space.
Survey: More Than Half of Homebuyers and Sellers Oppose Housing Density, Only a Quarter Support It.
Homebuyers and sellers are nearly twice as likely to oppose the building of dense housing in their neighborhood than they are to support it.
