Housing Affordability Archives

Survey: What Do First-Time Homebuyers Want From the Government? Lower Interest Rates

January 29, 2020

Lower interest rates beat out tax credits, easier lending standards, and increased home construction according to a new Redfin survey Interest rates are currently at historic lows, but 66% of first-time homebuyers would like them to be even lower according to a new survey conducted by Redfin. The three most popular government actions among first-time […]

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Redfin Ranks the Most Competitive Neighborhoods of 2019

December 23, 2019

Redfin has used its housing market data to rank the most competitive neighborhoods of the year. Half are in the Bay Area.

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Housing Markets That Changed the Most This Decade

December 20, 2019

From a city with a 161% median home price increase to one with 77% fewer homes for sale, U.S. metros have experienced dramatic housing shifts since 2010 The U.S. housing market is ending the decade in a vastly different place than it began. In 2010, the market was in the middle of its greatest downturn

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Millennials Still Want Single-Family Homes, Even if it Means a Long Commute

November 21, 2019

28% of homebuyers say living space is the most important factor in their home search, nearly triple the share who chose proximity to work.

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Income Gains and Rent Increases Follow Rail Transit

November 12, 2019

Improving transit access to a neighborhood does not lead to a significant decrease in minority populations, even as incomes and rents rise faster than similar neighborhoods without convenient transit.

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Homeowners are Staying in Their Homes Five Years Longer Compared to 2010, Leaving First-Time Homebuyers with Fewer Options

November 1, 2019

In Dallas, the typical homeowner has been in their home for 22 years, up from 13 years in 2010 The typical American homeowner in 2019 had spent 13 years in their home, up from eight years in 2010. Median home tenure increased in all of the 55 metros Redfin analyzed. In Salt Lake City, Houston,

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