{"id":84421,"date":"2026-03-18T05:00:52","date_gmt":"2026-03-18T12:00:52","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=84421"},"modified":"2026-03-17T12:59:14","modified_gmt":"2026-03-17T19:59:14","slug":"real-estate-wealth-by-income","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/","title":{"rendered":"The Top 20% of Earners Hold Nearly 60% of America\u2019s Real Estate Wealth"},"content":{"rendered":"<p><strong><i>By comparison, the bottom 20% of U.S. earners hold just 5% of real estate wealth.<\/i><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">The top 1% of earners in America hold 12.7% of the country&#8217;s real estate wealth, and those in the 80th to 99th income percentile hold 43.7%. All together, that means the top 20% of earners hold more than half (56.4%) of the real estate wealth in the U.S. <\/span><\/p>\n<div id=\"datawrapper-vis-Q0DMX\" style=\"min-height: 446px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/Q0DMX\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-Q0DMX\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/Q0DMX\/full.png\" alt=\"The Top 20% Holds Over Half of U.S. Real Estate Wealth (Line chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">By comparison, Americans in the 60th to 80th income percentile hold 18.7% of real estate wealth, and those in the 40th to 60th percentile hold 12.4%. The 20th to 40th percentile holds 7.4%, and the bottom 20% of earners hold 5.1%. This is based on a Redfin analysis of Federal Reserve Board data as of the third quarter of 2025\u2014the most recent period for which data is available.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These shares have been pretty steady over the past decade, but the highest-earning Americans do own a larger share of real estate wealth than they did in decades past. For example, top-1% earners now hold 12.7% of real estate wealth, up from 7.8% in the third quarter of 1989\u2014the first quarter for which data is available. By comparison, those in the 40th to 60th percentile hold 12.4%, not much of a change from 14.5% in 1989.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe wealthiest Americans hold a sizable slice of the real estate pie as elevated home prices and high mortgage rates make it difficult for lower earners to break into the housing market,\u201d said Redfin Chief Economist <\/span><a href=\"https:\/\/www.redfin.com\/news\/author\/darylfairweather\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Daryl Fairweather<\/span><\/a><span style=\"font-weight: 400;\">. &#8220;But housing wealth is actually more evenly distributed than other sources of wealth in America; the top 20% of earners hold over 70% of the nation&#8217;s <\/span><i><span style=\"font-weight: 400;\">total<\/span><\/i><span style=\"font-weight: 400;\"> wealth, compared with less than 60% of real estate wealth.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The good news is housing affordability has started to improve thanks to slowing home price growth and a dip in mortgage rates, and Redfin economists <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-market-predictions-2026\/\"><span style=\"font-weight: 400;\">expect<\/span><\/a><span style=\"font-weight: 400;\"> further improvement this year as home price growth is outpaced by income growth. This will likely help some lower-income house hunters move off the sidelines. Mortgage rates now sit at just above <\/span><a href=\"https:\/\/www.freddiemac.com\/pmms?gad_source=1&amp;gad_campaignid=23396332682&amp;gbraid=0AAAAA-zPkSqtVhhNXoZctaQXf5qgJR8qe&amp;gclid=CjwKCAjw1N7NBhAoEiwAcPchp3v7oDYmq-7uicqg-0S4NdtM-AgNk6zldz4T2AunP-N5CCoPDONnEhoC2YwQAvD_BwE\"><span style=\"font-weight: 400;\">6%<\/span><\/a><span style=\"font-weight: 400;\">, down from nearly 7% last spring but up from just below 6% at the end of February.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here is the breakdown of how much real estate wealth different income brackets hold, in dollar terms:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Top 1% of earners: $6.1 trillion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">80th-99th income percentile: $21 trillion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">60th-80th income percentile: $9 trillion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">40th-60th income percentile: $5.9 trillion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">20th-40th income percentile: $3.5 trillion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bottom 20%: $2.5 trillion<\/span><\/li>\n<\/ul>\n<div id=\"datawrapper-vis-FgDw3\" style=\"min-height: 468px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/FgDw3\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-FgDw3\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/FgDw3\/full.png\" alt=\"The Top 20% Holds $27 Trillion of U.S. Real Estate Wealth (Line chart)\" \/><\/noscript><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By comparison, the bottom 20% of U.S. earners hold just 5% of real estate wealth. The top 1% of earners in America hold 12.7% of the country&#8217;s real estate wealth, and those in the 80th to 99th income percentile hold 43.7%. All together, that means the top 20% of earners hold more than half (56.4%) [&hellip;]<\/p>\n","protected":false},"author":13346,"featured_media":84422,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[27,8],"tags":[20,623],"coauthors":[125],"class_list":["post-84421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affordability","category-housing-market-news","tag-housing-affordability","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Top 20% of Earners Hold Nearly 60% of Real Estate Wealth<\/title>\n<meta name=\"description\" content=\"By comparison, the bottom 20% of earners in America hold just 5% of real estate wealth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Top 20% of Earners Hold Nearly 60% of America\u2019s Real Estate Wealth\" \/>\n<meta property=\"og:description\" content=\"By comparison, the bottom 20% of earners in America hold just 5% of real estate wealth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-18T12:00:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1422\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lily Katz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lily Katz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/\"},\"author\":{\"name\":\"Lily Katz\",\"@id\":\"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f\"},\"headline\":\"The Top 20% of Earners Hold Nearly 60% of America\u2019s Real Estate Wealth\",\"datePublished\":\"2026-03-18T12:00:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/\"},\"wordCount\":395,\"publisher\":{\"@id\":\"https:\/\/www.redfin.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg\",\"keywords\":[\"Housing Affordability\",\"national\"],\"articleSection\":[\"Affordability\",\"Housing Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.redfin.com\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/\",\"url\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/\",\"name\":\"The Top 20% of Earners Hold Nearly 60% of Real Estate Wealth\",\"isPartOf\":{\"@id\":\"https:\/\/www.redfin.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg\",\"datePublished\":\"2026-03-18T12:00:52+00:00\",\"description\":\"By comparison, the bottom 20% of earners in America hold just 5% of real estate wealth.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#primaryimage\",\"url\":\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg\",\"contentUrl\":\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg\",\"width\":1422,\"height\":1200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.redfin.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Top 20% of Earners Hold Nearly 60% of America\u2019s Real Estate Wealth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.redfin.com\/news\/#website\",\"url\":\"https:\/\/www.redfin.com\/news\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\/\/www.redfin.com\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.redfin.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.redfin.com\/news\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\/\/www.redfin.com\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/redfin\",\"https:\/\/x.com\/redfin\",\"https:\/\/www.instagram.com\/redfinrealestate\/\",\"https:\/\/www.linkedin.com\/company\/redfin\",\"https:\/\/www.pinterest.com\/redfin\/\",\"https:\/\/en.wikipedia.org\/wiki\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f\",\"name\":\"Lily Katz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.redfin.com\/news\/#\/schema\/person\/image\/170bf170d167b138a07120b77fbb41ab\",\"url\":\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg\",\"contentUrl\":\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg\",\"caption\":\"Lily Katz\"},\"description\":\"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.\",\"url\":\"https:\/\/www.redfin.com\/news\/author\/lily-katzredfin-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Top 20% of Earners Hold Nearly 60% of Real Estate Wealth","description":"By comparison, the bottom 20% of earners in America hold just 5% of real estate wealth.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/","og_locale":"en_US","og_type":"article","og_title":"The Top 20% of Earners Hold Nearly 60% of America\u2019s Real Estate Wealth","og_description":"By comparison, the bottom 20% of earners in America hold just 5% of real estate wealth.","og_url":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2026-03-18T12:00:52+00:00","og_image":[{"width":1422,"height":1200,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg","type":"image\/jpeg"}],"author":"Lily Katz","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Lily Katz","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/"},"author":{"name":"Lily Katz","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f"},"headline":"The Top 20% of Earners Hold Nearly 60% of America\u2019s Real Estate Wealth","datePublished":"2026-03-18T12:00:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/"},"wordCount":395,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg","keywords":["Housing Affordability","national"],"articleSection":["Affordability","Housing Market News"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/","url":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/","name":"The Top 20% of Earners Hold Nearly 60% of Real Estate Wealth","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg","datePublished":"2026-03-18T12:00:52+00:00","description":"By comparison, the bottom 20% of earners in America hold just 5% of real estate wealth.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2026\/03\/kostiantyn-li-1sCXwVoqKAw-unsplash-scaled.jpg","width":1422,"height":1200},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/real-estate-wealth-by-income\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"The Top 20% of Earners Hold Nearly 60% of America\u2019s Real Estate Wealth"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f","name":"Lily Katz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/image\/170bf170d167b138a07120b77fbb41ab","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","caption":"Lily Katz"},"description":"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.","url":"https:\/\/www.redfin.com\/news\/author\/lily-katzredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/84421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13346"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=84421"}],"version-history":[{"count":1,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/84421\/revisions"}],"predecessor-version":[{"id":84423,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/84421\/revisions\/84423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/84422"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=84421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=84421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=84421"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=84421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}