Housing Equality & Policy
Policy
Nearly Half of Biden Voters Want to Live in a Place Where Weed Is Legal. Only 12% of Trump Voters Do
High earners, college grads and remote workers were all more likely than the typical survey respondent to say they want to live somewhere with legal weed. Over half of LGBTQ+ respondents want to live in a place where weed is legal, compared with under one-quarter of non-LGBTQ+ respondents. Nearly half (46.8%) of U.S. homeowners and
Over One-Quarter of Recent Homebuyers Have No Idea How Much Their Agent Was Paid: Survey
Nearly 20% of recent buyers have no idea who paid their agent and how the amount was determined. 39% of homeowners with plans to sell think a 3% buyer’s agent commission seems high, but nearly the same share think it seems just about right. More than one-quarter of recent homebuyers (28%) have no idea how
Majority of U.S. Homeowners and Renters Say Housing Affordability Affects Their Pick for President
Meanwhile, nearly two-thirds of respondents to a new Redfin survey say housing affordability makes them feel negative about the economy. More than half (53.2%) of U.S. homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming presidential election. That’s according to a Redfin-commissioned survey conducted by Qualtrics in
Redfin Survey: Roughly 40% of Respondents Who Reside in Texas, Florida Would Prefer Living Somewhere Abortion Is Legal
Texas and Florida survey respondents are twice as likely to cite affordability as a factor in choosing where to live than alignment on social issues, which helps explain why so many people live in a place that’s out of sync with their views on abortion. Both states have been magnets for relocating homebuyers for the
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 opportunity is highest in segregated parts of the Midwest and South; in Detroit, homes in high-opportunity areas are nearly four times more expensive than those in low-opportunity areas. High-opportunity neighborhoods
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 homebuyers, however, have been dealing with inflation since 2012. The typical home costs double what it did in 2012, but the typical worker is only earning 35% more. There are
Nearly Half of Biden Voters Want to Live in a Place Where Weed Is Legal. Only 12% of Trump Voters Do
High earners, college grads and remote workers were all more likely than the typical survey respondent to say they want to live somewhere with legal weed. Over half of LGBTQ+ respondents want to live in a place where weed is legal, compared with under one-quarter of non-LGBTQ+ respondents. Nearly half (46.8%) of U.S. homeowners and
Over One-Quarter of Recent Homebuyers Have No Idea How Much Their Agent Was Paid: Survey
Nearly 20% of recent buyers have no idea who paid their agent and how the amount was determined. 39% of homeowners with plans to sell think a 3% buyer’s agent commission seems high, but nearly the same share think it seems just about right. More than one-quarter of recent homebuyers (28%) have no idea how
Majority of U.S. Homeowners and Renters Say Housing Affordability Affects Their Pick for President
Meanwhile, nearly two-thirds of respondents to a new Redfin survey say housing affordability makes them feel negative about the economy. More than half (53.2%) of U.S. homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming presidential election. That’s according to a Redfin-commissioned survey conducted by Qualtrics in
Redfin Survey: Roughly 40% of Respondents Who Reside in Texas, Florida Would Prefer Living Somewhere Abortion Is Legal
Texas and Florida survey respondents are twice as likely to cite affordability as a factor in choosing where to live than alignment on social issues, which helps explain why so many people live in a place that’s out of sync with their views on abortion. Both states have been magnets for relocating homebuyers for the
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 opportunity is highest in segregated parts of the Midwest and South; in Detroit, homes in high-opportunity areas are nearly four times more expensive than those in low-opportunity areas. High-opportunity neighborhoods
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 homebuyers, however, have been dealing with inflation since 2012. The typical home costs double what it did in 2012, but the typical worker is only earning 35% more. There are
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