SEATTLE (Sept. 12, 2018) – (NASDAQ: RDFN) – In the additional division of 2018 bodies in expensive, high-tax littoral markets including San Francisco, New York, Los Angeles and Washington, D.C. searched for homes in metros like Phoenix, Las Vegas and Miami, breadth taxes are lower and apartment is added affordable. This is according to the latest Clearing Address by Redfin (www.redfin.com), the next-generation absolute acreage brokerage. The assay is based on a sample of added than 1 actor Redfin.com users who searched for homes beyond 80 busline areas from April to June.
Nationally, 24 percent of Redfin.com home searchers looked to move to addition busline breadth in the additional quarter, compared to 21 percent during the aforementioned aeon aftermost year. According to Census assay data, housing-related affidavit are the primary acumen households backpack to addition county, which in today’s bazaar about agency affordability.
“With home prices extensive new heights in abounding busline areas, it’s no abruptness bodies are continuing to move abroad from big-ticket metros in chase of homeownership,” said Taylor Marr, Redfin chief economist. “Last year’s tax ameliorate caked ammunition on the fire. By capping mortgage absorption and accompaniment and
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