Redfin
Coverage of Redfin in the Nexus archive.
- Searching for Your Next Home? Now You Can See Nearby Childcare Options
Redfin has debuted a new feature, in partnership with Winnie, that brings nearby early care and education programs directly onto property listings for viewing. This integration provides families with visibility into childcare options from over 250,000 licensed centers, complementing the existing K-12 school rating feature on the platform.
- Homebuying in the Philly area is more expensive than last year. Here’s why
New data show that homebuying in the Philadelphia area has become less affordable, requiring an income of just over $94,000 a year to afford a typical home in June. The median sale price for a home in the Philadelphia metro was $337,988, marking a 4.5% increase from the previous year. Economists suggest this price growth is strongly linked to pressure created by the city’s robust health care sector, which increases jobs and housing demand.
- Nashville housing market shifts in buyers' favor, but affordability remains a hurdle
The Nashville housing market is shifting into a buyer's favor, evidenced by nearly 30% of listings cutting prices and Redfin ranking it the nation's second-strongest buyer's market. However, buyers still face significant obstacles because affordability remains poor, with the median home price remaining well above $500,000.
- Rocket Companies CEO Varun Krishna wants to fuse Silicon Valley talent with Detroit grit
Varun Krishna, CEO of Rocket Companies, is overseeing a cultural strategy to blend Silicon Valley intellect with the tenacity associated with Detroit. This effort involves scaling across $16 billion in acquisitions and a 500,000-listing alliance with Compass. Krishna aims to cultivate loyalty among employees, arguing that while intellectual density is key, consistent commitment is vital for long-term transformation.
- Are you a first-time homebuyer in Minnesota? Here are some assistance programs to help you out.
While buying a home can be difficult for first-time buyers, Minnesota offers several assistance programs to help cover upfront costs. Minnesota Housing's Start Up program provides an $18,000 down payment loan with 0% interest, which is generally only due if the buyer moves out or changes residence status. Experts advise buyers to investigate various county and city programs, such as those in Scott and Hennepin counties, potentially combining them for maximum aid.
- Redfin: Nashville now nation’s second-strongest buyer’s market
Redfin ranked Nashville as the nation's second-strongest buyer's market in June, behind Miami, with 129% more sellers than buyers and homes spending 78 days on the market. The median home price rose 2.8% to nearly $500,000, but sellers reduced prices, with 17.7% of listings having price cuts averaging 3.4%.
- Locked out of housing, Gen Z and Millennials are building wealth in the stock market instead as they reach record high $3.1 trillion in holdings
Gen Z and Millennials are increasingly turning to the stock market for wealth-building due to unattainable home prices, amassing a record $3.1 trillion in holdings. Rising home costs have delayed homeownership, with the average first-time buyer age rising from 28 in 1992 to 40 in 2025. Experts note shifting investment behaviors, including using stock proceeds for down payments and prioritizing retirement savings over homeownership.
- The hottest luxury neighborhoods in the U.S. housing market right now
Luxury home buyers in the U.S. are experiencing a supply crunch in 2023, with Redfin reporting intense competition in unexpected ZIP codes. The housing market shows high demand but limited availability for luxury properties.
- These 5 college towns are seeing the fastest home price growth in the U.S.
Home prices are rising rapidly in five college towns in the U.S., according to Redfin data, which shows these university markets are outpacing the national average.
- San Francisco home prices surge to average $1.7M after sinking to record lows — for 1 big reason
San Francisco home prices have surged 140% to an average of $1.7 million, driven by a new booming industry in the Bay Area, according to a Redfin analysis.
- Boulder County is putting childcare funding on the ballot this year
Boulder County will add a childcare funding measure to the November ballot, which would raise $30 million via a 2.579 mill property tax increase to subsidize care costs, boost teacher pay, and expand infant and toddler slots. Supporters, including parents and social workers, highlighted childcare affordability crises, long waitlists, and the impact on family decisions, while opponents might focus on tax concerns.
- Denver residents react to Mayor Johnston's 'Mile High Line' housing plan
Denver residents are divided on Mayor Mike Johnston's 'Mile High Line' plan to build 20,000 housing units on 150 acres of city-owned land. High home prices, averaging $635,000, have left many residents unable to afford housing. The plan aims to address the crisis through strategic development, but some question its scale, while advocates remain cautiously optimistic.
- Better weather is Americans' top reason for moving out of state
Better weather is the primary reason Americans are moving out of state, surpassing lower living costs as a motivator, according to Redfin's findings.
- Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say
Miami is attracting wealthy Americans like billionaire Ken Griffin due to tax benefits and luxury properties, but housing affordability is declining, making it difficult for middle-class families to move there. Florida received the most wealth from domestic migrants in 2023, with newcomers averaging $122,530 in annual income, while Miami's median home price is $652,110, requiring incomes of $160,000–$215,000 to afford.
- Better weather is Americans’ top reason for moving out of state
Better weather is the primary reason Americans plan to move out of state, according to Redfin. The study found that nice weather is a stronger motivator than lower living costs for such relocations.
- The fastest-growing luxury housing markets in the U.S. in 2026
Luxury home prices in the U.S. are rising at an accelerated pace in 2026, with Redfin data highlighting the fastest-growing markets. The article focuses on the surge in high-end real estate demand across specific U.S. regions.
- Home sellers outnumber buyers 2 to 1 in fallen COVID-era destinations across the South
Home sellers outnumber buyers 2 to 1 in Southern destinations that were popular during the pandemic, according to Redfin data. The pandemic housing frenzy has ended, giving buyers more leverage in the market.
- What's driving the massive spike in SF home prices?
San Francisco had the largest year-over-year increase in median home-sale prices at 9.2%, according to a Redfin report. Pittsburgh followed with a 9.1% increase.
- Congress just passed the most significant housing bill in decades, so why won’t Trump sign it?
Congress passed a bipartisan housing bill aimed at reducing costs and increasing home construction, but President Donald Trump has refused to sign it until Congress passes legislation requiring proof of citizenship for voters. The bill, supported by the real estate industry and housing advocates, faces a delay due to Trump's conditional stance.
- Trump refuses to sign bipartisan housing bill into law. What does that mean for homebuyers, renters?
President Donald Trump has refused to sign the bipartisan 21st Century ROAD to Housing Act, which aims to reduce housing costs and increase home construction, until Congress passes legislation requiring proof of citizenship for all voters. The bill, supported by Congress and the real estate industry, includes measures to streamline construction and limit corporate landlords' influence but faces delays due to Trump's refusal.
- Trump refuses to sign bipartisan housing bill into law. What does that mean for homebuyers, renters?
President Donald Trump refused to sign the bipartisan 21st Century ROAD to Housing Act into law, citing a demand for legislation requiring voter citizenship proof. The bill aimed to reduce housing costs by streamlining construction processes and limiting corporate landlords' influence, but its delay may prolong challenges for homebuyers and renters in a struggling market.
- Congress’s landmark housing bill could backfire on millions of renters
Congress passed the 21st Century ROAD to Housing Act to address housing affordability by increasing supply and banning institutional investors from owning more than 350 single-family homes. However, economists warn the ban could harm low-income renters, as institutional investors own only 3% of single-family rentals and many renters cannot afford homeownership due to lower incomes and credit scores.
- One in five homebuyers is a single woman – here’s what’s driving the shift
Single women now account for one in five U.S. homebuyers, more than double the share of single men. Despite economic challenges like high interest rates and low inventory, they are reshaping the housing market through preferences for specific home types and services, with first-time buyers earning a median income of $73,000—surpassing single men for the first time.
- Angel Reese listing Lemont home for $1.45 million, two months after Sky trade
Angel Reese is selling her Lemont home for $1.45 million, two months after being traded from the Chicago Sky to the Atlanta Dream. The 3,600-square-foot property was purchased in April 2025 for $1.28 million through a limited liability company.
- Angel Reese listing suburban home for $1.45 million, two months after Sky trade
Angel Reese is listing her Lemont home for $1.45 million two months after being traded to the Atlanta Dream. The 3,600-square-foot property was purchased in April 2025 for $1.28 million and includes five bedrooms, three bathrooms, and amenities like a chef’s kitchen and three-car garage.
- San Jose ranks second in U.S. for home sellers pulling listings, Redfin says
San Jose ranks second in the U.S. for home sellers pulling listings, with over 9% of listed homes withdrawn last month. High inflation, elevated mortgage rates, and unmet pricing goals are driving sellers to delist, reducing inventory and intensifying price pressures for buyers in the South Bay.
- Housing program to give eligible Chicagoans up to $70,000 toward down payment
Chicago's new HomeGrown Purchase Assistance Grant offers eligible low- and moderate-income residents up to $70,000 for down payments and closing costs on homes in designated zones. Funded by a $21 million allocation from Mayor Brandon Johnson’s 2024 housing bond, the program begins June 8 and targets areas with high and low home price growth, respectively labeled Zone A and Zone B.
- Schools, healthcare, public safety could be hit under property tax plan released by DeSantis
Gov. Ron DeSantis proposed a homestead property tax exemption plan that could reduce local government funding for schools, healthcare, and public safety. The plan requires legislative approval and voter support, with exemptions increasing to $250,000 or $500,000. It would immediately benefit 28% of homestead parcels and 76% if the exemption is raised to $500,000.
- How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to allocate 40% of its earnings to afford the typical U.S. home, according to Redfin. This analysis covers 49 U.S. cities, highlighting the financial strain of homeownership.
- Zillow loses thousands of listings in fight over “hidden” homes
Zillow abruptly lost access to thousands of property listings in the Chicago area after filing a lawsuit against a private listing network owner and the nation's largest brokerage, accusing them of colluding to hide homes from consumers. The platform saw its Chicago market listings drop from nearly 5,000 to about 1,700 homes. Home buyers can still access listings through competing platforms like Redfin and Realtor.com.
- Boomers have the space. Millennials have the kids
Boomer empty nesters own nearly twice the share of homes with three-plus bedrooms compared to millennials with kids, making the housing market tighter. Millennial parents own 16% of large homes, while Gen Z parents own less than 1%. The highest shares of millennial families who own large homes are in Austin, Texas, and Columbus, Ohio.
- Home shopping? These are the hottest neighborhoods of 2026, Redfin says
The hottest neighborhoods in the US for 2026 are located in lesser-known parts of Florida and the Midwest, according to a report from Redfin. Home sale activity is expected to be high in these areas. The report highlights emerging neighborhoods.
- WATCH: What does a person have to make to afford the average price of a home?
New polling reveals only 25% of non-homeowners believe they can afford to buy a home within five years. Chen Zhao, head of economic research at Redfin, highlights concerns about housing affordability and income gaps.