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The typical retail worker earns $34,000 per year, or 52% less than they would need to afford the typical apartment. Rental affordability has improved slightly in recent years; the typical retail worker earned 57% less than they would need during the pandemic moving frenzy. The earnings shortfall is smallest in

Luxury home sale prices in West Palm Beach, FL have jumped 187.3% to a median $4.04 million over the past decade—the fastest growth among major U.S. metros. The Sun Belt is home to 8 of the 10 major metros with the fastest growth in luxury home prices since 2015. New

The number of home listings that were pulled off the market rose to a historically high level in September.  Sellers are delisting because so many listings are going stale; many homeowners would rather stay put than accept a low offer. The increase in delistings is propping up home prices.  Nationwide,

This Week In A Nutshell Rates are a little lower with investors more hopeful for a rate cut at the December 10 Fed meeting after a mixed jobs report and New York Fed President John Williams signaling openness to another cut “in the near term.” But it truly feels like

With Thanksgiving around the corner, there’s a lot to be thankful for—including our growing team! Please join me in celebrating the agents who joined us in October and the fresh energy, talent and possibilities they bring this season.   Redfin agent Guy Golan Guy Golan returns to our Virginia office after

Luxury home sale prices rose 5.5% year over year to a median $1,278,950, a record high for October. Non-luxury home prices grew 1.8% to a median $373,249. Luxury home sales increased 2.9% year over year, while non-luxury sales rose 0.7%; both remain near decade-low October levels. Luxury inventory climbed 6.4%

Rates will stay mostly steady today after the delayed September jobs report showed both a rising unemployment rate, and strong but concentrated jobs growth in the private sector. The path forward for the Fed’s December 10 meeting is unclear with no more official jobs data until December 16. The Fed

Would-be homebuyers are sitting on the sidelines, wary of economic uncertainty and still-high housing costs. A dwindling pool of supply is propping up prices.  The median U.S. home-sale price rose 2.3% during the four weeks ending November 16, the biggest increase in seven months. Sale prices are rising despite slow

Rural homebuyers need to earn $75,000 to afford the typical home, up from $36,000 before the pandemic. Suburban and urban areas have also seen affordability erode—but not as severely. The median home sale price in rural areas is up 61% from before the pandemic, compared with a 49% increase in

Home sellers outnumbered buyers by a record 36.8% in October, giving buyers who were in the market room to negotiate.  The number of buyers in the market dropped 1.7% to the lowest level on record aside from the start of the pandemic amid high housing costs and economic uncertainty. The

California and Florida dominated October’s ultra-luxury housing market, with oceanfront estates and celebrity homes going for more than $30 million.  A brand-new oceanfront estate in Delray Beach, FL was the most expensive home sale of October, bringing in $59 million.  It’s followed closely by the former home of Maroon 5

Home sales and new listings were little changed from a month and a year earlier in October, and prices have also shown signs of flattening. Housing-market activity is plateauing as Americans grapple with high costs and economic uncertainty. Still, buyers have the upper hand; the typical home that sold went

U.S. home prices rose 0.3% from a month earlier in October on a seasonally adjusted basis. Home prices increased 2.9% year over year, down from 3.1% in September and the slowest growth since 2012. Prices fell in 14 of the 50 most populous U.S. metros, down from 37 metros posting

This Week In A Nutshell With the government open, mortgage rates may wobble as we digest the September jobs report this Thursday and hear from the statistical agencies about what fresh data will be arriving before the December 10 Fed meeting. Upcoming Attractions September jobs report (Thursday): This data is

A proposed 50-year mortgage could lower monthly payments, but buyers would pay far more interest over time and build equity far more slowly. The Trump administration is considering the idea of introducing a 50-year fixed-rate mortgage as a way to make housing more affordable. But stretching a loan over five

The AI feature allows you to have a back-and-forth dialogue with Redfin while you search, helping you discover homes that best suit your preferences For years, online real estate search has been limited by filters and map boundaries. But no more: Starting today, you can use our new AI-powered conversational

The homes that do sell are taking a long time to find buyers, who are wary of high housing costs and economic instability.  U.S. pending home sales fell 0.3% from a year earlier during the four weeks ending November 9, a tiny decline but the first in four months. The

AuthorKathleen Long.  Date: November 12, 2025 5:34 pm Prepare your home for winter with these essential renovations that enhance comfort and increase property value. Read the article for expert tips! The post Top Winter Renovations Worth Doing appeared first on FastExpert.

AuthorKelsey Heath.  Date: November 12, 2025 4:11 pm Discover how to win a bidding war on a house with proven tips on financing, offer strategies, and contingencies. The post How to Win a Bidding War on a House appeared first on FastExpert.

AuthorKelsey Heath.  Date: November 12, 2025 2:45 pm How much are closing costs? Discover average fees, buyer vs. seller responsibilities, and expert tips to reduce expenses. The post How Much Are Closing Costs? Buyer & Seller Guide appeared first on FastExpert.