Coming Soon in Chicago: A One-Bedroom Condo in the City, a Big House in the Suburbs and More

In this edition of Coming Soon–a series from Redfin News that explores new listings that house hunters can find early only on Redfin.com and Compass.com–we’re exploring five different listings in the Chicago metro area. Coming Soon: 6010 W School St: $550,000 About 30 minutes from downtown Chicago s
Just Listed in Maryland for $5M: An Unfinished Estate on 38 Acres That’s a Blank Canvas for Luxury Living

In this edition of Just Listed–a series from Redfin News that explores homes that are listed by Redfin or Compass agents on Redfin.com–we’re exploring an unfinished estate in Maryland.  Set on more than 38 private acres in the rolling countryside of Howard County, MD, The Devlin Estate is listed for
Investor Home Purchases Fall to Lowest Level Since 2020

Elevated housing costs, a slower-than-usual housing market and a cooling rental market are squeezing potential returns for U.S. investors.  Real estate investors’ market share was 19%, largely unchanged from a year earlier, reflecting the overall sluggishness of the U.S. housing market in the first
Higher Mortgage Rates Push Pending Home Sales Down for Second Straight Week

Some would-be homebuyers are hesitating as housing costs rise and the ongoing Iran war makes the economy feel shaky.  Fewer house hunters are going under contract to buy homes. U.S. pending home sales fell 1.5% from a week earlier on a seasonally adjusted basis during the week ending May 24, the sec
What Home Sellers Are Surprised About During the Selling Process

AuthorChristy Crouch.  Date: May 27, 2026 3:50 pm Home sellers are surprised when they realize the market has shifted away from the rapid-fire bidding wars of a few years ago. The post What Home Sellers Are Surprised About During the Selling Process appeared first on FastExpert.
29% of U.S. Homebuyers Paid Cash in March–the Lowest Share For That Month Since 2020

With hundreds of thousands more home sellers than buyers in the market, fewer house hunters feel inclined to make cash offers to stand out in bidding wars. Economic uncertainty is also encouraging buyers to hold onto cash and finance home purchases.  Just under three in 10 (28.8%) U.S. homebuyers pa
How Designers and Real Estate Pros Use Facebook Marketplace to Add Character to a Home

Interior designers and real estate experts are turning to Facebook Marketplace, thrift stores, and estate sales to find one-of-a-kind pieces that add personality and warmth to a home. Vintage and secondhand furniture often offers higher-quality craftsmanship, real wood construction, and unique chara
Mortgage Rates Remain Tied to Iran War, Oil Prices

This Week In A Nutshell: Three months in, the Iran war is still driving rates more than economic data. There are a few important economics reports this week, but markets will remain focused on how close we are to a deal that reopens the Strait of Hormuz. Upcoming Attractions   This is a short holida
The Income Needed to Afford a Home Declined For Seventh Straight Month in April

Homebuying affordability improved slightly in April because mortgage rates declined while incomes rose. Still, the income required to afford a home was $29,000 higher than the typical U.S. income–and mortgage rates rose again in May, potentially erasing some of the affordability gains made in April.
Luxury Home Prices Rise Amid Uptick in High-End Homebuying and Selling

The median luxury sale price is up 4% year over year—more than double the gain in non luxury prices. Luxury pending home sales are also up 4%—the biggest increase in over a year. San Francisco’s luxury market is booming, with sales up nearly 50%—the most in the nation. Rising demand and prices are b
Price Point: The Typical U.S. Home Costs $400,000. Here’s What That Buys in 3 Cities

In this edition of Price Point—a weekly series where Redfin explores current housing inventory across a rotating combination of budgets and metro areas—we’re looking at homes at or under the median U.S. home-sale price of $396,173. In April, the median U.S. home sale price rose 2.4% year over year t
Just Listed in Chicago: A $1 Million Penthouse Condo in a Former Cookie Factory

In this edition of Just Listed–a series from Redfin News that explores homes that are listed by Redfin or Compass agents on Redfin.com–we’re exploring a penthouse in Lincoln Park, Chicago. The three-bedroom condo sits inside a former cookie factory originally built in 1890. Photo credit: Burt Sudhau
Home Purchase Cancellations Are No Longer on the Rise As Demand Ticks Up

Contract cancellations declined slightly in April as homebuyers and sellers gained a clearer sense of the housing market after years of volatility, and as demand picked up. Homebuyers were most likely to back out of deals in Atlanta, San Antonio and other Sun Belt metro areas that are big-time buyer
Pending Home Sales Slip for First Time Since Early April as Mortgage Rates Climb

Mortgage rates jumped to a 10-month high, spooking would-be homebuyers and sellers after a few weeks of solid demand.  U.S. pending home sales fell 1.1% from a week earlier during the week ending May 17, the first decline since early April. Pending sales are still at their second-highest level since
Coming Soon in Chicago: A $2M Move-In Ready Duplex Just Steps From Lake Michigan

In this edition of Coming Soon–a series from Redfin News that explores new listings that house hunters can find early only on Redfin.com and Compass.com–we’re exploring a duplex unit in Chicago’s Lincoln Park. On a leafy stretch of Mohawk Street in Chicago’s coveted Lincoln Park neighborhood, a 2024
Prices Drops Are Becoming Slightly Less Common As Housing Market Stabilizes

The share of home sellers cutting their asking prices has fallen from its peak as buyers lose a bit of negotiating power, but price drops are still much more common than in years past.  Redfin Early Access, which allows sellers to test the market via “coming soon” listings, can help homeowners price
U.S. Home Prices Rose 0.2% in April

Improving homebuyer demand could fuel further price gains in the coming months. Montgomery County, PA saw the biggest price gain, followed by Cleveland and Nassau County, NY. The biggest declines were in Oakland, CA, Newark, NJ and Phoenix. U.S. home prices rose 0.2% month over month in April on a s
Iran Tensions, Not Economic Data, Are Driving Mortgage Rates This Week

This Week In A Nutshell: Rates are likely to move more on headlines out of Iran than on economic data. If peace talks show real progress, rates could come down, but if the Strait of Hormuz remains closed, markets will keep pricing in Fed rate hikes. Upcoming Attractions   This is a light week for ma
How is Capital Gains Tax Calculated on Inherited Property?

AuthorAmanda Dodge.  Date: May 18, 2026 12:45 pm In the days following the passing of a loved one, the executor of the will and any legal representatives will divide the assets amongst the beneficiaries. These assets can range from stocks and cash to physical assets like houses, boats, cars, and eve
More Than 80% of Prospective Home Sellers Are Interested in a “Coming Soon” Approach to Listing

Most homeowners would move if they could–but they feel stuck. Three-quarters of U.S. homeowners would choose to live somewhere else if they could move now without financial or logistical barriers, according to a recent survey conducted by Rocket Mortgage.  Understanding their home’s value clears a m
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