Throughout the COVID-19 pandemic and resultant remote-work trends, researchers and real estate economists have been keeping a close eye on how those changes affect homeowners' and buyers' relocation tendencies. Migration...
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Fannie Mae’s Chief Economist Talks Housing
...the time!” They may have been waiting another year-and-a-half or two years, but now's the time to make the move. It started this out-migration. We can measure that from some...
Read More »Remote Work Situations Aid in Overcoming Down Payment Hurdles
A new analysis by Zillow has found that despite the affordability hurdles faced by many first-time homebuyers, the “Great Reshuffling” (or migration of homeowners over the past year) in the...
Read More »Premium for High Flood Risk Homes Rose During Pandemic
Much has been reported on homeowners' pandemic-year migration trends, mainly that they are leaving expensive coastal areas for more affordable locales. But a subset of home shopper is seeking out...
Read More »Widespread Desire to Relocate Could be Waning
...about their future, we could see another big wave of migration ..." Nationwide, 30.6% of Redfin.com users looked to move to a different metro area in April, down slightly from...
Read More »Southern Surge Leads Record Home Sales Forecast
...largest annual increase in percentage terms since 2013. Fueled by record-low rates, strong demand, and a wave of migration made possible by remote work, the market comes into a strong...
Read More »How Telework Will Impact Home-Location Preferences
...move at higher rates," Salviati noted in a summary of Apartment List's report. "Understanding the geographic preferences of this group is now more important than ever, as their migration trends...
Read More »Home Prices Climb 11.3% YoY in March
...as they continue to see an uptick in inbound migration from buyers moving away from more costly coastal areas. Arizona saw the third-strongest price growth with an 18% increase. Conversely,...
Read More »Are Americans Being Priced Out of Their Hometowns?
...in the first quarter. That's up from 30.3% in the fourth quarter of 2020 and 26% a year earlier, and the highest share since Redfin started tracking migration in 2017....
Read More »Pandemic Forces Shifts in Migration
Zillow conducted its first-ever mover report, which found that more than one in 10 Americans (11%) say they already moved in the past year, either by choice or by circumstance,...
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