Housing Equality & Policy
Policy
Homeowners in New York, California and Other Coastal States Could Shave Thousands Off Their Annual Tax Bill with SALT Cap Increase
The typical New York household impacted by the raised SALT cap will save $7,092 annually—the most of any state. 86% of Massachusetts homeowner households could benefit from the increased SALT cap—the highest share of any state. In comparison, only 1% of households in Tennessee and Nevada are expected to benefit. States with high home values
Two in Five American Workers are Delaying or Canceling a Major Purchase Like a Home or Car Due to Feelings About Job Security
Nine percent of American workers are canceling plans to make a major purchase, such as buying a home or car, due to their feelings about job security, according to a Redfin survey. More than a third (35%) are delaying major purchase plans. Nearly a third (29%) of workers say they have either already made a
Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability
51% of surveyed homeowners and renters think less immigration could make homes more expensive, while 39% think it could make homes more affordable. 68% of respondents think tariffs could fuel price inflation and high interest rates, while 35% think they could make homes more affordable. Over half of U.S. homeowners and renters (51.2%) strongly or
Real Estate Agent Commissions Haven’t Changed Much Since the NAR Settlement Took Effect
Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier. Broken down by price, the average buyer’s agent commission for $1 million-plus homes was 2.17%—down from 2.22% the quarter the new rules
24% of Americans are Scrapping Plans to Make a Major Purchase Like a Home or Car Due to Tariffs: Redfin Survey
Nearly one in four U.S. residents are canceling plans to make a major purchase, such as buying a home or car, because of President Trump’s tariff policies, according to a Redfin survey. 55% of respondents are less likely to make a major purchase this year, including 39% who are “much less likely.” More than a
Implications for Housing Under a Potential Federal Spending Freeze
UPDATE (13:00 EST Wednesday): The White House issued a new memo on Wednesday, rescinding its Monday order. Press Secretary Karoline Leavitt said the latest memo was not a rescission of the government spending freeze, just a rescission of the Monday memo. “The Executive Orders issued by the President on funding reviews remain in full force
Homeowners in New York, California and Other Coastal States Could Shave Thousands Off Their Annual Tax Bill with SALT Cap Increase
The typical New York household impacted by the raised SALT cap will save $7,092 annually—the most of any state. 86% of Massachusetts homeowner households could benefit from the increased SALT cap—the highest share of any state. In comparison, only 1% of households in Tennessee and Nevada are expected to benefit. States with high home values
Two in Five American Workers are Delaying or Canceling a Major Purchase Like a Home or Car Due to Feelings About Job Security
Nine percent of American workers are canceling plans to make a major purchase, such as buying a home or car, due to their feelings about job security, according to a Redfin survey. More than a third (35%) are delaying major purchase plans. Nearly a third (29%) of workers say they have either already made a
Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability
51% of surveyed homeowners and renters think less immigration could make homes more expensive, while 39% think it could make homes more affordable. 68% of respondents think tariffs could fuel price inflation and high interest rates, while 35% think they could make homes more affordable. Over half of U.S. homeowners and renters (51.2%) strongly or
Real Estate Agent Commissions Haven’t Changed Much Since the NAR Settlement Took Effect
Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier. Broken down by price, the average buyer’s agent commission for $1 million-plus homes was 2.17%—down from 2.22% the quarter the new rules
24% of Americans are Scrapping Plans to Make a Major Purchase Like a Home or Car Due to Tariffs: Redfin Survey
Nearly one in four U.S. residents are canceling plans to make a major purchase, such as buying a home or car, because of President Trump’s tariff policies, according to a Redfin survey. 55% of respondents are less likely to make a major purchase this year, including 39% who are “much less likely.” More than a
Implications for Housing Under a Potential Federal Spending Freeze
UPDATE (13:00 EST Wednesday): The White House issued a new memo on Wednesday, rescinding its Monday order. Press Secretary Karoline Leavitt said the latest memo was not a rescission of the government spending freeze, just a rescission of the Monday memo. “The Executive Orders issued by the President on funding reviews remain in full force