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July 29, 2021
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 for sale and dire ones like increased homelessness. Getting rental assistance payments out to tenants at risk of eviction is critical, especially in states like South Carolina, which halted most …
South Carolina Could See a 10% Increase in Rental Vacancies When Eviction Moratorium Ends
July 12, 2021
More than half of Hispanic homeowners have lived with family without paying rent to help make housing payments, versus 38% of white homeowners. That familial support is one reason for the rising Hispanic homeownership rate. Hispanic homeowners in the U.S. are more likely than people of other races or ethnicities to receive financial help making …
Hispanic Homeowners More Likely to Receive Financial Help Buying a Home: Redfin Survey
June 30, 2021
39% of homes are in danger of burning in Utah—the country’s fastest growing state—compared with less than 10% in California, Washington and Oregon. In dollar terms, California has the most real estate in jeopardy, with $628 billion of homes facing high fire risk. In Utah—America’s fastest growing state—two of every five homes (39.4%) face high …
More Than a Third of Utah Homes Face High Fire Risk—A Bigger Share Than Other Western States
June 29, 2021
23% of white homeowners report making no financial sacrifices to buy their first home, versus 14% of Black homeowners. The fact that Black Americans are more likely to face hurdles when purchasing a home is one reason for the substantial racial homeownership gap in the U.S. The homebuying process is “absolutely different for a person …
Black Americans Face Bigger Financial Barriers to Homeownership Than White Americans: Redfin Survey
June 9, 2021
The typical home with high flood risk sold for $402,010 in the first quarter—a 14% premium over the typical home with low flood risk. That’s double the premium we saw before the pandemic. The median sale price of homes with high flood risk was $402,010 in the first quarter, compared with $353,783 for homes with …
