New Redfin data reveals top destinations for buyer relocations

Nearly 19 percent of homebuyers searched outside their metro in Q4, Redfin says. Sacramento, Las Vegas and Florida metros lead migration trends. Continue reading

A tale of 2 housing markets as price declines spread to the West

Prices are holding up in the Northeast and Midwest, but are down from a year ago in more than 70 percent of Western markets and 40 percent of Southern markets. Continue reading

There are 1.25 million fewer million-dollar homes in America in 2023

The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power. Continue reading