The Typical Home Seller Wants $39,000 More Than the Typical Buyer Is Willing to Pay

The $469,729 median asking price is 9% higher than the $431,057 median sale price—the largest gap since 2020. Market dynamics have shifted in favor of buyers, but sellers have been slow to adjust, which is why list and sale prices are diverging.  The prices home sellers are asking for and
How Long Does the Seller Have to Move Out After Closing?

AuthorAmanda Dodge.  Date: April 25, 2025 5:22 am Most buyers expect the seller to be out of the property by the closing date, but misconceptions about move-out timing are one of the most common causes of conflict in real estate transactions. There is no universal standard for when sellers must
What Does Off-Market Mean in Real Estate?

AuthorAmanda Dodge.  Date: April 25, 2025 5:18 am In a hot market with limited inventory, buyers are always looking for a way to beat the competition. They want to make bids that stand out and find hidden gems before others on the market do. This competition is causing more people
Home Prices Are Falling in 11 of the 50 Most Populous U.S. Metros, the Most in 19 Months

Nationwide, home prices are up 2.1%  year over year, the slowest growth rate in nearly two years.  The median home-sale price declined year over year in 11 of the 50 most populous U.S. metro areas during the four weeks ending April 20. The last time home prices dropped in that
Home Prices Are Falling in 11 of the 50 Most Populous U.S. Metros, the Most in 19 Months

Nationwide, home prices are up 2.1%  year over year, the slowest growth rate in nearly two years.  The median home-sale price declined year over year in 11 of the 50 most populous U.S. metro areas during the four weeks ending April 20. The last time home prices dropped in that
Buying Tax Deed Property: A Smart Way to Score Cheap Houses?

AuthorSimon Campbell.  Date: April 23, 2025 4:44 pm With limited inventory and high home prices, tax deed properties present the opportunity so buy a home for less. Find out how. The post Buying Tax Deed Property: A Smart Way to Score Cheap Houses? appeared first on FastExpert.
Start Simple: A Guide to Organizing Your Home

AuthorJulie Wyss.  Date: April 23, 2025 1:19 pm When it comes time to prepare your home for sale, decluttering and organizing your home isn’t just a nice idea—it’s essential The post Start Simple: A Guide to Organizing Your Home appeared first on FastExpert.
U.S. Home Prices Ticked Up 0.2% in March, the Slowest Pace Since 2022

Home prices ticked up 0.2% month over month in March, the slowest pace since December 2022. On a year-over-year basis, home prices rose 4.6%, down from 5.1% growth the month before.  It was the 11th consecutive month that annual growth had slowed. Twenty of the 50 most populous U.S. metros
U.S. Home Prices Ticked Up 0.2% in March, the Slowest Pace Since 2022

Home prices ticked up 0.2% month over month in March, the slowest pace since December 2022. On a year-over-year basis, home prices rose 4.6%, down from 5.1% growth the month before.  It was the 11th consecutive month that annual growth had slowed. Twenty of the 50 most populous U.S. metros
Does a Shed Increase Home Value?

AuthorKelsey Heath.  Date: April 21, 2025 6:56 pm 75% of homebuyers consider extra storage space an important factor when choosing a home. Buyers often prioritize properties with additional storage for tools, outdoor equipment, and seasonal items. But does a shed add value to a home in a way that impacts
44% of Home Sellers Are Giving Concessions to Buyers—Just Shy of the Highest Level on Record

More sellers are offering concessions as rising housing costs and economic uncertainty make buyers nervous, and housing supply hits a five-year high. In Seattle, 71% of sellers are giving concessions–the highest rate among the metros Redfin analyzed and nearly double the share from a year ago.  Economic jitters are also
44% of Home Sellers Are Giving Concessions to Buyers—Just Shy of the Highest Level on Record

More sellers are offering concessions as rising housing costs and economic uncertainty make buyers nervous, and housing supply hits a five-year high. In Seattle, 71% of sellers are giving concessions–the highest rate among the metros Redfin analyzed and nearly double the share from a year ago.  Economic jitters are also
Are Buy Before You Sell Programs Worth It?

AuthorKelsey Heath.  Date: April 19, 2025 10:30 pm Navigating a sale and purchase of a home at the same time isn’t easy. You need to align closing dates, manage finances, handle contingencies and any real estate agent will tell you that if it seems difficult, it’s going to be even
A White House-Induced Fed Rate Cut Would Likely Push Mortgage Rates Higher

The White House is pushing the Federal Reserve to cut rates, while the central bank adopts a wait-and-see approach. President Trump has also explored the possibility of removing Chair Powell before his term is up in May 2026. Let’s explore how these outcomes could affect mortgage rates. If the Fed
A White House-Induced Fed Rate Cut Would Likely Push Mortgage Rates Higher

The White House is pushing the Federal Reserve to cut rates, while the central bank adopts a wait-and-see approach. President Trump has also explored the possibility of removing Chair Powell before his term is up in May 2026. Let’s explore how these outcomes could affect mortgage rates. If the Fed
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
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
Home-Price Growth Is Losing Steam As Buyers Back Off Amid Economic Instability and High Costs

U.S. home prices are growing half as fast as they were at the end of last year.  Nationwide, the median home-sale price rose 2.6% year over year during the four weeks ending April 13. That’s roughly the same as the increases we’ve seen over the past month, but down from
Home-Price Growth Is Losing Steam As Buyers Back Off Amid Economic Instability and High Costs

U.S. home prices are growing half as fast as they were at the end of last year.  Nationwide, the median home-sale price rose 2.6% year over year during the four weeks ending April 13. That’s roughly the same as the increases we’ve seen over the past month, but down from
U.S. Homes Are Selling at the Slowest Pace in 6 Years

The typical home that went under contract in March sat on the market for 47 days. Homes sold over twice that fast during the pandemic homebuying frenzy. Homes are taking longer to sell because many are overpriced and demand is sluggish. Plus, sellers are competing with each other—the supply of
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