Many prospective homebuyers are sidelined by near-record costs and economic uncertainty, creating a buyer’s market in many parts of the country. That’s deterring some would-be sellers.  New listings of U.S. homes for sale rose 6.3% year over year during the four weeks ending June 1, one of the smallest increases

The median U.S. asking rent dropped 1% year over year to $1,633 in May as elevated apartment supply gave renters room to negotiate. Asking rents fell fastest in Austin, down 9% to the lowest level since 2021. Rents hit a record high in four metros: Chicago, Cincinnati, Memphis and Washington,

AuthorJulie Wyss.  Date: June 3, 2025 2:59 pm Be cautious of homes that try to impress with style at the home showing but are hiding flaws that you can’t change. The post What to Really Look For at a Home Showing- Don’t Get Fooled by Fresh Paint appeared first on

AuthorKelsey Heath.  Date: June 3, 2025 1:23 am With a median home price of over $850,000, buying a house in California is like a far-off dream. Prices are high, lending rules are strict, and even figuring out where to start can be overwhelming. First-time buyers and newcomers to the state

AuthorKaren Randels.  Date: June 2, 2025 2:11 pm It’s disheartening when your house isn’t selling, but the right combination of pricing, presentation, and marketing can lead to success. The post 5 Smart Options When Your House Isn’t Selling appeared first on FastExpert.

AuthorKaren Randels.  Date: June 2, 2025 1:07 pm Ah! The seller won’t move out after closing! Learn how to get them out and how to prevent this before closing. The post What If a Seller Won’t Move Out After Closing? appeared first on FastExpert.

More than $330 billion worth of listings have been sitting on the market for 60 days or longer. Rising inventory and slow homebuying demand is pushing up the total dollar amount of home listings, and will push down home-sale prices by the end of the year.  There’s a total of

49% of newly built apartments completed in the fourth quarter of 2024 were rented within three months—the fifth consecutive quarter with an absorption rate below 50%. New apartments are being completed at near-record levels, with the increase in supply keeping rents down and providing renters with more opportunities to negotiate

The median monthly U.S. mortgage payment is just $25 shy of its record high, sidelining would-be buyers. But the tide is turning for buyers: Redfin economists expect home prices to decline by the end of the year, and a surplus of listings is motivating sellers to negotiate.  The median monthly

There are 34% more sellers in the market than buyers. At no other point in records dating back to 2013 have sellers outnumbered buyers this much. In other words, it’s a buyer’s market. Redfin expects home prices to drop 1% by the end of the year as a result. Prospective

AuthorAmanda Dodge.  Date: May 29, 2025 3:18 am Homeowners have more options than ever when it comes to selling their properties. They can hire traditional real estate agents, work with iBuyers, or use services like Redfin once they are ready to move. Each option comes with benefits and drawbacks depending

AuthorDewayne Clyde Carpenter.  Date: May 28, 2025 12:09 pm Zillow promotes itself as a platform that pushes openness, but there is a lack of transparency on how Zillow is paid. The post Can I Trust Zillow Real Estate? appeared first on FastExpert.

  Investor purchases of U.S. homes rose 2% year over year in the first quarter. Investor activity has been fairly stable for the past two years, after the wild up-and-down swings of the pandemic era. Investor purchases of condos fell 3% year over year to the lowest level in 10

AuthorAmanda Dodge.  Date: May 28, 2025 12:08 am Selecting your real estate agent is a critical decision that could have a significant impact on your home sale. A quality agent will be able to identify the fair market value of a property, list it appropriately, and use their marketing and

AuthorKelsey Heath.  Date: May 28, 2025 12:06 am If you are a first-time homebuyer in California, you know how difficult it is to find an affordable home. California’s housing market has long been challenging for first-time buyers, and recent interest rates and limited inventory have worsened affordability. As of April

The typical U.S. luxury home sold for $1,348,065 in April, up 6.5% from a year earlier, but down slightly from the record high set in March. Economic uncertainty is pushing high-end buyers to the sidelines, with pending sales of luxury homes down 9.9% year over year. That is the largest

AuthorAmanda Dodge.  Date: May 26, 2025 5:12 am Not everyone can live in their house (or nearby) when selling it. You may find yourself in a completely different state while navigating the real estate process. Some people have to move for work, while others inherit a home from a relative

AuthorAmanda Dodge.  Date: May 26, 2025 5:09 am Hiring a quality buyer’s agent is an essential step when purchasing a home. This person will provide expertise in the world of real estate and serve as your advocate, guide, and negotiator. Buying a home is one of the largest financial transactions

1 in 7 home-purchase agreements fell through last month. The share was higher in many parts of Florida, which is home to 5 of the 10 metros with the highest cancellation rates. Redfin agents say that when a deal is on shaky ground, it can be an opportunity for outbid

Mortgage rates are forecasted to stay elevated near 7%. Redfin economists expect the median U.S. home-sale price to fall flat in the third quarter, and fall 1% year over year by the fourth quarter. When it comes to mortgage rates, we expect them to remain elevated near 7% for the