Georgia had the sixth-biggest net inflow of any state in 2019, and affordable Atlanta is perennially one of the most popular destinations for Redfin.com users leaving expensive coastal areas. People moving to the Atlanta area from pricey, liberal metros like New York, Washington, D.C. and Los Angeles is likely one factor helping tilt Georgia blue […]
The desire for privacy during the pandemic is keeping a lid on condo prices, but condo sales are up 23%—on par with sales growth for single-family homes—as buyers take advantage of the discounts. The typical single-family home that sold in the U.S. this year was purchased for an average of 17.3% more ($58,000) than the
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
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
The number of people locking in mortgage rates for second homes has jumped as remote work enables affluent Americans to escape city life during the pandemic. At the same time, millions of families are suffering as businesses shutter and unemployment skyrockets. Sales of vacation homes are soaring, even as millions of Americans grapple with financial
Demand for Second Homes Surges 100% Year Over Year In October Read More »
The share is higher—39%—among respondents who planned to vote for Donald Trump. Still, most participants said that protests across major cities have either had no impact on their feelings about where they live or have made them like where they live more. Just under a third (30%) of Americans said that protests in major cities
Survey: 30% of Americans Want to Live Somewhere Else Due to Protests Read More »
