Housing Equality & Policy
For Cleveland Homebuyers, the Typical Energy Utility Bill Is Equal to 31% of Mortgage Costs—A Higher Percentage Than Any Other Major Metro
Nationwide, energy costs are taking up a smaller portion of homeowner expenses because they’re not surging nearly as quickly as housing prices. The typical U.S.
Scores of Pandemic Homebuyers Purchased Vacation Homes With High Natural-Disaster Risk
Purchases of second homes with high flood, storm and/or heat risk surged roughly 40% over the past two years. Many pandemic homebuyers purchased vacation homes,
Homes With High Fire Risk Sell For Nearly $120,000 More Than Low-Risk Homes As Americans Flock to Fire-Prone Suburbia
The typical high-fire-risk home sold for $550,500 in April, while the typical low-risk home sold for $431,300. That’s the biggest premium since at least 2017.
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,
Real-Estate Investors Bought a Record 18% of the U.S. Homes That Sold in the Third Quarter
Investors purchased a record $64 billion worth of homes as growing housing and rental prices boosted prospects for returns. Single-family homes made up nearly three-quarters
Climate Change Will Exacerbate the U.S. Housing Shortage
Redfin Chief Economist Daryl Fairweather presents on climate change and housing to members of the Federal Reserve, US Treasury, FDIC, SEC, CFTC, CFPB, FHFA, NCUA,
For Cleveland Homebuyers, the Typical Energy Utility Bill Is Equal to 31% of Mortgage Costs—A Higher Percentage Than Any Other Major Metro
Nationwide, energy costs are taking up a smaller portion of homeowner expenses because they’re not surging nearly as quickly as housing prices. The typical U.S.
Scores of Pandemic Homebuyers Purchased Vacation Homes With High Natural-Disaster Risk
Purchases of second homes with high flood, storm and/or heat risk surged roughly 40% over the past two years. Many pandemic homebuyers purchased vacation homes,
Homes With High Fire Risk Sell For Nearly $120,000 More Than Low-Risk Homes As Americans Flock to Fire-Prone Suburbia
The typical high-fire-risk home sold for $550,500 in April, while the typical low-risk home sold for $431,300. That’s the biggest premium since at least 2017.
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,
Real-Estate Investors Bought a Record 18% of the U.S. Homes That Sold in the Third Quarter
Investors purchased a record $64 billion worth of homes as growing housing and rental prices boosted prospects for returns. Single-family homes made up nearly three-quarters
Climate Change Will Exacerbate the U.S. Housing Shortage
Redfin Chief Economist Daryl Fairweather presents on climate change and housing to members of the Federal Reserve, US Treasury, FDIC, SEC, CFTC, CFPB, FHFA, NCUA,