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
How to Buy, Sell or Rent a Home Amid Economic Uncertainty  
With markets remaining volatile following President Trump’s announcement of new tariffs earlier this month, Redfin’s Economics Lead Chen Zhao outlines what buyers, sellers and renters should be considering during periods of economic turmoil.  Buyers Make sure you feel financially comfortable with your purchase. This isn’t a good time to stretch
Florida and Texas Are Gaining Residents at a Much Slower Rate Than They Used To, Eating Into Homebuyer Demand  
The rising cost of housing and the increasing frequency of natural disasters are slowing migration to certain Florida and Texas metros.  The flow of U.S. residents moving into Florida, Texas and other parts of the Sun Belt slowed significantly in 2024. Tampa had a net inflow of just over 10,000
Here Are the 10 Most Expensive Home Sales of March  
Half of last month’s most expensive home sales were in beachfront Florida, but an Oahu compound took the number-one spot.  Hawaii was home to the most expensive home sale of March, with a beachfront estate on Oahu going for $65.8 million. Next came two properties that sold for $60 million
Can You Buy a House With Cash and Without Proof of Income?  
AuthorKelsey Heath.  Date: April 15, 2025 1:59 am For buyers who value privacy, need to purchase quickly, or want non-traditional income sources, paying cash seem like an ideal way to purchase property with minimal disclosure. You can buy a home without a loan, but can you buy a house without
Essential Documents to File Taxes as a Homeowner  
AuthorAmanda Dodge.  Date: April 15, 2025 12:03 am No one looks forward to filing their taxes, but that doesn’t mean this process has to be difficult. A large part of filing involves finding various financial documents and forms to submit to the IRS. If you are an organized person who
How to Declutter Your Home and Keep the Motivation Going  
AuthorAmy Prumo.  Date: April 14, 2025 4:04 pm Declutter your home and create a space where potential buyers can envision themselves there! The post How to Declutter Your Home and Keep the Motivation Going appeared first on FastExpert.
Buyers Should See All the Listings, Sellers Should Control How Their Listing Appears Online  
Because we believe that all buyers should be able to see all listings, Redfin.com will not publish any listings that have been publicly marketed before being shared with all real estate websites via the MLS. To encourage home-sellers to market their listings via the MLS, Redfin is also asking MLSs
Redfin Welcomes Over 120 New Agents in March  
Redfin was recently recognized as one of the top residential real estate brokerages by RealTrends Verified, a distinction made possible by the hard work and resilience of our outstanding agents. Our team of talented professionals continues to grow, with over 120 agents joining Redfin in March alone. Please join me
U.S. Asking Rents Fell Slightly in March, But Tariffs Could Drive Up Costs for Renters  
The median asking rent dropped 0.6% year over year to $1,610, the 13th-straight month in which rents have been fairly stable. New tariffs could increase rental demand and hamper rental supply, which would cause rents to rise. The median U.S. asking rent fell 0.6% year over year to $1,610 in

Jim Marks
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