AuthorAmanda Dodge.  Date: April 1, 2025 3:39 pm One of the biggest challenges of buying a home is saving up for a down payment. In late 2024, the median sale price of houses in the United States was $419,200. A first-time homebuyer putting nine percent down (the average down payment

57% of homes in San Francisco sold above their list price in February, up from 50% a year earlier—the biggest jump among the top 50 metros. Homebuyer competition slowed fastest in Southern California; over half of homes in San Diego sold for below their list price, compared with just 42%

Brooklyn’s Prospect Heights and Clinton Hill top Redfin’s 2025 list of hot neighborhoods, after posting a 105% spike in home sales from a year ago. Five of the 10 hottest neighborhoods are located on the outskirts of Midwestern metros, with buyers seeking affordability and an easy commute. A neighborhood in

The median monthly mortgage payment reached a record high this week, putting a lid on pending home sales. New listings, on the other hand, are improving.  The typical U.S. homebuyer’s monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a

This article was also published on Inman. With NAR’s new pocket-listing policy, brokers can, with the seller’s consent, withhold listings from public view on real estate websites. The new rule requires that the listings be shared with other brokers, via local Multiple Listing Services. This means that, as a broker

AuthorAmanda Dodge.  Date: March 25, 2025 7:09 am Homeowners preparing to sell often look at all sources of value to determine the ideal listing price for their properties. While their real estate agents can conduct a comparative market analysis (CMA), homeowners often estimate their own property values before meeting with

AuthorMargo Christophilis.  Date: March 24, 2025 4:53 pm Get the breakdown on real estate phrases from an expert real estate agent and navigate your next home purchase like a pro! The post Decoding Real Estate Phrases: What Your Agent is Saying and What it Means appeared first on FastExpert.

The month after the Eaton and Palisades wildfires, home sales and new listings fell in the neighborhoods that were directly impacted. The story is different in the greater Los Angeles metro, where the housing market picked up.  Home sales fell by double digits in the Pacific Palisades and Altadena in

Young Americans are also tracking behind their parents’ generations; for instance, 33% of 27-year-olds own their home today, compared to 40% of baby boomers when they were 27.  Young Americans are losing their momentum when it comes to homeownership. Just over one-quarter (26.1%) of Gen Zers owned their home in

House hunters are touring homes and applying for mortgages as rates stay below 7%, but prospective buyers aren’t always following through with a purchase.  The typical U.S. homebuyer’s monthly housing payment is $2,793, just a few dollars shy of the all-time high.  Housing payments are sky-high for two reasons. One,

AuthorAaron Gray, Sr..  Date: March 19, 2025 8:29 pm Agent Advice: Determine whether buying a damaged house is a good idea for you. What caused the damage? What’s your budget? The post Should I Buy a Damaged House? appeared first on FastExpert.

Mortgages rates will mostly remain unchanged for now after the Fed held rates steady at its March meeting and built in expectations for higher inflation and slower economic growth amidst an extremely uncertain policy backdrop. In a relief for Wall Street, the Fed maintained their expectation that they will cut

New York and Los Angeles are the only metro areas where the majority of households rent. Renting is least common in Cape Coral, FL and Dayton, OH. Roughly three-quarters of major metros have seen an increase in wealthy renters since 2019, another recent Redfin analysis found. The number of renter

AuthorAmanda Dodge.  Date: March 19, 2025 3:49 am Marriage is an exciting step in life that is just as big (if not bigger) than buying a home and comes with a lot of paperwork. Anyone who changes their name will need to take steps to alert various government and financial

Home prices grew 0.4% month over month in February, the slowest pace since July 2024. On a year-over-year basis, home prices rose 5.1%.  It was the 10th consecutive month that annual growth had slowed. Eight of the 50 most populous U.S. metros—nearly all in Florida and Texas—recorded a drop in

AuthorJoe Bourland.  Date: March 17, 2025 2:27 pm The best way to thank your agent is to help them help more people. Whether it’s a referral, a great review, a personal thank-you call, or… The post What’s the Best Way to Thank Your Real Estate Agent? (Without Spending a Dime!)

AuthorKelsey Heath.  Date: March 17, 2025 2:38 am HOA fees can be expensive, but they also come with a set of rules, which can potentially limit your rights as a homeowner. But can you refuse to join a homeowners association? An HOA can offer many benefits, such as property maintenance,

The housing market is heating up, and Redfin agents are zeroed in on helping buyers and sellers navigate their 2025 moves. And thanks to our amazing recruiters’ efforts, team Redfin is now more than 140 agents stronger! Please join me in giving a warm welcome to all the Newfins who

Milwaukee’s median sale price jumped 20% year over year in February—a bigger increase than any other major metro. Detroit also saw a double-digit gain. A housing shortage is prompting buyers to bid up prices. Nationwide, home prices rose 3% year over year, while pending sales fell the most since 2023.

The homes on Redfin are dazzling, but your late-night browsing experience doesn’t need to be. Dark mode is now available on the Redfin iOS app!    By turning down the lights, we’re making our app more enjoyable to use no matter when or where you’re searching for homes. Scrolling in