There has been a 50% increase in the number of people looking to leave New York and Los Angeles since last year. Nearly 29% of Redfin.com users nationwide looked to move to another metro in October. Nationwide, 28.5% of Redfin.com users looked to move to another metro area in October, up from 24.9% a year
The uptick in urban home searches closely trails a 235% increase in searches for homes in rural areas. Home prices were up by double digits in both neighborhood types, reflecting both continued interest in rural life and optimism about the return of city life as the pandemic persists. Pageviews of homes in rural areas on
Home-value growth has accelerated in suburbs and flatlined in cities, and suburban housewives have become more rare. The American suburbs have become more racially and ethnically diverse and more Democratic over the last decade. To understand the changing demographics of the suburbs, we analyzed data from the U.S. Census, along with Redfin’s housing market data
Fifty-three percent of Americans are uncomfortable with the idea of moving to a big city, up from 39% before the pandemic. Twenty-six percent of Americans said their local government’s response to the coronavirus pandemic has made them want to move away from where they currently live or change where they want to move to, according
Fifty-three percent of homeowners are financially better off than they were four years ago, versus 44% of renters. Thirty-two percent of Americans have lost their job or lost wages—or someone in their household has—due to the coronavirus pandemic, according to a survey of more than 3,000 U.S. residents that was fielded in October. Broken down
People moving from expensive states like New York to the more affordable Atlanta area may be one factor tipping Georgia in Joe Biden’s favor. California’s out-of-reach-housing costs may have helped tilt Arizona blue in the 2020 presidential election. Joe Biden won Arizona by roughly 11,500 votes, while President Trump won the state by more than
