Real Estate News Today

45% of respondents are less likely to make a major purchase overall due to the government shutdown, up from 21% in early October, according to a new Redfin survey conducted by Ipsos. 21% of Americans are delaying a major purchase like a home or car because of the shutdown, up from 17% in early Octob

One of the most common questions people ask when starting their home search is: “How much house can I afford?” It’s a simple question with big implications, and now, Redfin helps you answer it in real time while you’re browsing. We’ve rolled out a new feature that shows your buying power directly on

An analysis of domestic migration data shows high-flood-risk counties lost nearly 30,000 more residents than they gained last year, driven largely by outflows from Miami and Houston. Some are leaving due to climate risk, while others are moving out in search of a lower cost of living or different po

Homes are selling at the slowest pace for this time of year since 2019.  U.S. pending home sales ticked up 0.7% year over year during the four weeks ending November 2, the smallest increase in four months. Homes are also taking longer to sell: The typical home that sold in October went under contrac

AuthorAmanda Dodge.  Date: November 5, 2025 3:52 pm Sell An Inherited Home: A Practical Seller’s Guide can help you understand the legal, financial, and emotional considerations of this action. The post Sell an Inherited Home: A Practical Seller’s Guide for Success appeared first on FastExpert.

VA loans have become slightly more common as buyers gain power and sellers are more apt to accept offers with low down payments. VA loans are most prevalent in Virginia Beach, Jacksonville and Washington, D.C., all military hubs.  Homebuying has become a bit more accessible for veterans. VA loans, m

Redfin’s top-performing agents earned an average of $338,100 under the Redfin Next pay model in 2024-25, up 20% from a year earlier  The typical Redfin agent earned 1.75x the income of non-Redfin agents and received additional employee benefits and covered business expenses worth an estimated $32,00

AuthorJulie Wyss.  Date: November 3, 2025 7:55 pm Timing matters more for home sellers in the Bay Area than almost anywhere else in the country. And the best months may surprise you. The post The Best Time to Sell a Home in the Bay Area appeared first on FastExpert.

This Week In A Nutshell Rates have reset about 15-20 bps higher following last week’s Fed meeting. This week’s Fed speeches could help flesh out whether to expect another cut in December, but the key factor to watch is really whether there’s an end in sight for the government shutdown and the associ

Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges and uncertainty about the economy are keeping buyers and sellers on the sidelines. Homes turned over the most in Virginia Beach, VA and West Palm Beach, FL,

The typical U.S. luxury home sold for $1,262,000 in September, up 4.8% from a year earlier to a record high for the month. Luxury home sales were essentially unchanged (+0.3%) from a year earlier, showing signs of stabilization after last year’s sharp slowdown. Non-luxury home sales fell 0.3% year o

Many would-be buyers are still spooked by rising sale prices and economic instability, but some are creeping off the sidelines. The median U.S. monthly housing payment was $2,530 during the four weeks ending October 26, down 1.4% year over year. That’s the biggest decline since November 2024. Monthl

Mortgage rates will tick up after Fed Chair Powell sent a strong signal that a December rate cut—that markets have already priced in—is far from a foregone conclusion. Rates will rise today even after the Fed cut their policy rate by 25 bps. Markets had fully priced in both today’s cut and a Decembe

That’s still well above pre-pandemic levels.  The pool of existing inventory is rising as more homeowners list and homes linger on the market. At the same time, some builders are refraining from starting new projects as they try to offload inventory.  House hunters who are interested in new construc

Pending home sales jumped 17% year over year in San Francisco last month—more than any other major metro. The typical home also sold in roughly 20 days—over twice as fast as the typical U.S. home. The housing market in the San Francisco Bay Area is picking up steam thanks to rising incomes, an AI bo

This Week In A Nutshell Rates are steady heading into the week following a cool inflation report last Friday, but they could rise even if the Fed cuts as expected on Wednesday—if Fed officials push back on expectations for a subsequent cut in December. Upcoming Attractions Fed Press Conference (Wedn

Mortgage rates will stay near recent lows as cooler-than-expected inflation data allows the Fed to keep cutting. Core inflation, the key metric that excludes food and energy prices—and is watched by Fed officials—came in at 0.2% monthly and 3.0% annually for September, lower than the August readings

Fall brings fresh energy—and so does our team! We’re thrilled to welcome more than 50 new agents this month, each bringing unique expertise to help homebuyers and sellers nationwide. Join me in welcoming these talented new agents as they begin this exciting journey with Redfin! We’re excited to welc

A homebuyer on a $3,000 budget has gained $26,000 since last year as mortgage rates drop to the low-6% range. But pending home sales are still slipping.  The daily average mortgage rate dropped to 6.17% this week, near the lowest level in three years. Lower mortgage rates are curbing growth in month

Nationwide, there are an estimated 37% more sellers than buyers—a near-record gap that’s giving buyers across the country negotiating power. There are seven metros where sellers outnumber buyers by at least 2-to-1, and all but one are in Texas or Florida.  There are five remaining seller’s markets,