Would-be buyers are sidelined by record-high housing costs and economic instability, allowing inventory to pile up. New listings of U.S. homes for sale rose 8.4% year over year to their highest level in nearly three years during the four weeks ending May 18. But buyers aren’t biting: Pending sales fell

Keeping up with economic news these days is no small feat, but Redfin’s economics team helps us make sense of it all. In a recent Q&A session for current and prospective Redfin agents, our experts broke down the headlines to highlight what really matters in the housing market right now.

Keeping up with economic news these days is no small feat, but Redfin’s economics team helps us make sense of it all. In a recent Q&A session for current and prospective Redfin agents, our experts broke down the headlines to highlight what really matters in the housing market right now.

U.S. home prices in April nudged down 0.1%, the first month-over-month decline since September 2022. Home prices rose 4.1% year over year—the smallest increase since July 2023. Half of the 50 most populous U.S. metros recorded a drop in home prices month over month, led by Charlotte (-1%). U.S. home

U.S. home prices in April nudged down 0.1%, the first month-over-month decline since September 2022. Home prices rose 4.1% year over year—the smallest increase since July 2023. Half of the 50 most populous U.S. metros recorded a drop in home prices month over month, led by Charlotte (-1%). U.S. home

AuthorJulie Wyss.  Date: May 19, 2025 1:57 pm A stellar house showing is about creating an emotional connection between the buyer and the home. Learn how with this expert advice. The post 8 Tips for a Stellar House Showing appeared first on FastExpert.

Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply of homes for sale hit a five-year high, putting downward pressure on prices, which grew at the slowest pace in nearly two years. Still, high

Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply of homes for sale hit a five-year high, putting downward pressure on prices, which grew at the slowest pace in nearly two years. Still, high

Most of April’s most expensive home sales were in beachfront Florida, with a pair of Beverly Hills estates and two luxury Manhattan condos rounding out the top 10. A trio of neighboring properties in Naples, FL, made up three of April’s most expensive home sales, including the most expensive: a

Most of April’s most expensive home sales were in beachfront Florida, with a pair of Beverly Hills estates and two luxury Manhattan condos rounding out the top 10. A trio of neighboring properties in Naples, FL, made up three of April’s most expensive home sales, including the most expensive: a

Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier. Broken down by price, the average buyer’s agent commission for $1 million-plus homes was 2.17%—down from 2.22%

Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier. Broken down by price, the average buyer’s agent commission for $1 million-plus homes was 2.17%—down from 2.22%

AuthorKelsey Heath.  Date: May 15, 2025 11:25 pm You’ve likely seen signs that say “We Buy Houses Fast!” or “Sell Your Ugly House Today!” while driving around, but are these offers too good to be true? For some homeowners, working with a cash buyer can be a fair deal and

New listings are still rising, allowing some buyers to get deals. Pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11 to their lowest level on record for this time of year aside from 2020. Would-be homebuyers are backing off for two main reasons.

New listings are still rising, allowing some buyers to get deals. Pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11 to their lowest level on record for this time of year aside from 2020. Would-be homebuyers are backing off for two main reasons.

AuthorAmy Prumo.  Date: May 13, 2025 12:46 pm Expert Advice: Selling a home in a buyer’s market may seem challenging, but with the right approach, you can still achieve a successful sale. The post Home Selling in a Buyer’s Market appeared first on FastExpert.

With the spring homebuying season well under way, having a reliable, experienced agent by your side is more important than ever. That’s why we’re thrilled to welcome over 40 agents to the Redfin team this April—each one ready to guide clients through every step of the journey with confidence and

Mortgage rates will remain unchanged after April inflation data came in as expected. Elevated tariff rates will keep Fed rate cuts on pause for the foreseeable future. The BLS reported that core prices rose 0.24% from March to April and are up 2.8% from a year ago, largely in line

The median asking rent was $1,625, down $80 from the record high, as elevated apartment supply pushed rents lower. Asking rents fell fastest in Austin, down 10% year over year and $400 below the record high. The median U.S. asking rent fell 1% year over year to $1,625 in April,

The typical home bought in the U.S. hit a record age of 36 years in 2024—up from 27 years in 2012.  Buyers pay less for older homes (over 30 years old) than for newer homes (under five years old), but the gap is shrinking.  The typical home bought in Buffalo,