Nearly Half of Americans Oppose AI Data Centers in Their Neighborhoods, While 38% Support Them
Young Americans are more likely than older generations to support data centers in their backyards, according to a Redfin survey. AI data centers face more pushback than other proposed building types in neighborhoods, namely new apartments and multi-use complexes. AI data centers are viewed as cont
The Price Point: What $1 Million Buys in These Charming Small Cities
In this edition of The Price Point—a weekly series where Redfin data journalists explore current housing inventory across a rotating combination of budgets and metro areas—we’re looking at the million-dollar market. The $1 million price point was once synonymous with luxury—but as home prices contin
San Francisco’s Luxury Home Sales Jump 22% As Median Price Nears $7M
Luxury home sales are surging in San Francisco, the epicenter of the AI boom, pushing the median sale price to the highest March level on record. Tight supply is another factor pushing up San Francisco’s luxury prices; active listings are down roughly 15% year over year. San Francisco’s luxury hou
Homebuying Demand Ticks Up, Mortgage Rates Tick Down
More homeowners are putting their houses on the market, with new listings increasing for the second week in a row after five straight months of declines. U.S. pending home sales rose 2.7% year over year during the four weeks ending April 26, the biggest increase in six weeks. Mortgage-purchase appl
