Housing Market Trends

The topic page covers the evolving dynamics of the U.S. housing market, focusing on the impact of mortgage rates, home prices, and rental costs. It explores how rising mortgage rates and home prices have made homeownership less affordable, driving many to rent instead. The content discusses the role of real estate investors, regulatory changes affecting real estate commissions, and the growing interest in alternative housing options like tiny homes. Additionally, it highlights regional variations in housing trends, the influence of economic factors such as inflation, and predictions for future market conditions. Guidance for prospective buyers and renters, including financial strategies and new legislation, is also provided.

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Data show a big increase in Americans planning to leave expensive cities

Realtor.com reports a spike in people searching for homes outside their metros

July, 16th, 2025 By Mark Huffman

Nearly 59% of home shoppers in major U.S. metros searched outside their local markets in Q2 2025—up from 48.1% in 2019.

San Jose, Washington D.C., and Seattle saw the highest outbound search rates, largely driven by affordability challenges.

Once-popular pandemic boomtowns like Phoenix, Spokane, and McAllen are now seeing increased outbound traffic as prices rise and work-from-home policies shift.

During the COVID-19 pandemic, there was “The Great Migration,” as rem...

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