Share of homebuyers looking to move cities hits new high
Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests
by Daniel Houston Aug 23
Texas surged during COVID. Now, its luxury markets are being tested
Droves of people have flocked to Texas for new jobs, tax and affordability purposes, and political reasons, and demand from this new class of wealthy buyers is stretching luxury inventory thin
by Lillian Dickerson Jul 28
Kendall Bonner: The industry isn't ready for reality of commission suit
Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they'll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel
by Daniel Houston Jul 5
The 'Great Reshuffling' didn't come to a halt in 2022, new data shows
The number of moves slowed slightly from a record year in 2021 but remained at elevated levels nationwide, according to new data from the US Census Bureau backed by internal metrics from U-Haul
by Taylor Anderson Jan 5
In tug-of-war between New York and Florida, the boss may have final say
Homeowners who fled Manhattan to Florida during the pandemic are responding to pressure from employers to return to offices in New York. Faced with sun and sand, some aren't ready
Inflation is hitting migration hotspots hardest, new study says
Q2 Consumer price growth exceeded 10% year over year in Phoenix, Atlanta, Miami and Tampa — each of which had among the nation’s strongest net inflow of interest in moving
by Daniel Houston Jul 19
Buying a home? 8 popular cities that are still surprisingly affordable
As buyers continue to reassess where they want to live and relocate at record rates, affordable, popular destinations can still be found — largely in Florida and Texas, according to Redfin
by Lillian Dickerson May 23
Landlords, don't be fooled by high occupancy rates: RentPath
Property managers would do well to avoid the pitfalls of the 'occupancy fallacy,' or the notion that current high occupancy rates will alleviate long-term vacancy issues, RentPath says, because 'renter migration is the sleeping giant'
by Lillian Dickerson Jan 18
People moved to Vermont in droves in 2021. New Jersey? Not so much
The Green Mountain state saw the greatest percentage of inbound migration in 2021, with 74% of the state's moves directed inbound, according to United Van Lines' National Movers Study
US migration drops even as remote work fuels long-distance moves
As remote work took hold, a smaller share of people actually moved within their state or county, according to the U.S. Census Bureau
by Daniel Houston Nov 22
The homebuyer in 2021? Middle-aged, married and college educated
Zillow Group's 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years
Florida cities see heightened interest from buyers on the move
Three Florida cities found themselves among the top migration destinations for Redfin website users in July
by Daniel Houston Aug 30
Americans still want to relocate — even as pandemic fears dwindle
The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1% during the second quarter, up from 27.6% a year earlier
by Lillian Dickerson Jul 21
Glenn Kelman shares 14 reasons the market is so 'bizarre' now
The Redfin CEO's latest Twitter thread reveals how far buyers are willing to go to win a home, including offering to name their child after a seller
by Marian McPherson May 25
Connecting with Pacaso's CEO: The future of the second home market
Pacaso CEO Austin Allison explains how remote working, inventory shortages and co-ownership models are changing the fabric of second-home markets
by Marian McPherson May 25