Home-Sellers Want Different Marketing Options, Not Different Marketplaces  
This article was also published on Inman. With NAR’s new pocket-listing policy, brokers can, with the seller’s consent, withhold listings from public view on real estate websites. The new rule requires that the listings be shared with other brokers, via local Multiple Listing Services. This means that, as a broker
Does a Fireplace Add Value to a Home?  
AuthorAmanda Dodge.  Date: March 25, 2025 7:09 am Homeowners preparing to sell often look at all sources of value to determine the ideal listing price for their properties. While their real estate agents can conduct a comparative market analysis (CMA), homeowners often estimate their own property values before meeting with
Decoding Real Estate Phrases: What Your Agent is Saying and What it Means  
AuthorMargo Christophilis.  Date: March 24, 2025 4:53 pm Get the breakdown on real estate phrases from an expert real estate agent and navigate your next home purchase like a pro! The post Decoding Real Estate Phrases: What Your Agent is Saying and What it Means appeared first on FastExpert.
Home Sales Dropped Significantly in Altadena and the Pacific Palisades in Aftermath of Los Angeles Wildfires  
The month after the Eaton and Palisades wildfires, home sales and new listings fell in the neighborhoods that were directly impacted. The story is different in the greater Los Angeles metro, where the housing market picked up.  Home sales fell by double digits in the Pacific Palisades and Altadena in
Gen Z and Millennial Homeownership Rates Flatlined in 2024 As Housing Costs Soared  
Young Americans are also tracking behind their parents’ generations; for instance, 33% of 27-year-olds own their home today, compared to 40% of baby boomers when they were 27.  Young Americans are losing their momentum when it comes to homeownership. Just over one-quarter (26.1%) of Gen Zers owned their home in
Near-Record Housing Costs Put a Lid on Pending Sales, Even as Early-Stage Demand Picks Up  
House hunters are touring homes and applying for mortgages as rates stay below 7%, but prospective buyers aren’t always following through with a purchase.  The typical U.S. homebuyer’s monthly housing payment is $2,793, just a few dollars shy of the all-time high.  Housing payments are sky-high for two reasons. One,
Should I Buy a Damaged House?  
AuthorAaron Gray, Sr..  Date: March 19, 2025 8:29 pm Agent Advice: Determine whether buying a damaged house is a good idea for you. What caused the damage? What’s your budget? The post Should I Buy a Damaged House? appeared first on FastExpert.
Fed Holds Rates Steady Amid Ongoing Economic Uncertainty  
Mortgages rates will mostly remain unchanged for now after the Fed held rates steady at its March meeting and built in expectations for higher inflation and slower economic growth amidst an extremely uncertain policy backdrop. In a relief for Wall Street, the Fed maintained their expectation that they will cut
America’s Renter Population Grew 1% in the Fourth Quarter  
New York and Los Angeles are the only metro areas where the majority of households rent. Renting is least common in Cape Coral, FL and Dayton, OH. Roughly three-quarters of major metros have seen an increase in wealthy renters since 2019, another recent Redfin analysis found. The number of renter
How to Change Your Name on a House Title After Marriage  
AuthorAmanda Dodge.  Date: March 19, 2025 3:49 am Marriage is an exciting step in life that is just as big (if not bigger) than buying a home and comes with a lot of paperwork. Anyone who changes their name will need to take steps to alert various government and financial
U.S. Home Prices Grew 0.4% in February, the Slowest Pace Since July  
Home prices grew 0.4% month over month in February, the slowest pace since July 2024. On a year-over-year basis, home prices rose 5.1%.  It was the 10th consecutive month that annual growth had slowed. Eight of the 50 most populous U.S. metros—nearly all in Florida and Texas—recorded a drop in
What’s the Best Way to Thank Your Real Estate Agent? (Without Spending a Dime!)  
AuthorJoe Bourland.  Date: March 17, 2025 2:27 pm The best way to thank your agent is to help them help more people. Whether it’s a referral, a great review, a personal thank-you call, or… The post What’s the Best Way to Thank Your Real Estate Agent? (Without Spending a Dime!)
Can You Refuse to Join a Homeowners Association (HOA)?  
AuthorKelsey Heath.  Date: March 17, 2025 2:38 am HOA fees can be expensive, but they also come with a set of rules, which can potentially limit your rights as a homeowner. But can you refuse to join a homeowners association? An HOA can offer many benefits, such as property maintenance,
Redfin Becomes 140+ Agents Stronger in February  
The housing market is heating up, and Redfin agents are zeroed in on helping buyers and sellers navigate their 2025 moves. And thanks to our amazing recruiters’ efforts, team Redfin is now more than 140 agents stronger! Please join me in giving a warm welcome to all the Newfins who
Home Prices Are Rising Fast in the Midwest  
Milwaukee’s median sale price jumped 20% year over year in February—a bigger increase than any other major metro. Detroit also saw a double-digit gain. A housing shortage is prompting buyers to bid up prices. Nationwide, home prices rose 3% year over year, while pending sales fell the most since 2023.
Here Are the 10 Most Expensive Home Sales of February  
Most of February’s most expensive home sales were in beachfront Florida, with properties in Southern California and Manhattan rounding out the list.  Coastal Florida was home to seven of the 10 highest-priced U.S. home sales of February. Two estates in Southern California and one penthouse in New York City rounded
More People Are House Hunting and Applying For Mortgages as Rates Decline  
Prospective homebuyers are hitting the pavement as rates drop to their lowest level since mid-December. But that hasn’t yet translated to sales. More house hunters are touring homes as mortgage rates decline. Mortgage-purchase applications rose 7% this week to their highest level since the start of February as weekly average
What Does a Potential Recession Mean for Housing?  
The odds of a recession have increased significantly following several weeks of dramatic government policy shifts. The housing market is relatively insulated from a downturn since most homeowners have locked in low mortgage rates and are sitting on high levels of equity. Renters, however, are more susceptible to job losses.
Mortgage Rates to Hold Steady After Inflation Eased More Than Expected in February  
Inflation in February came in lower than expected, but the monthly report is less promising under the hood. With the added impact of extensive new tariffs looming in April, mortgage rates are unlikely to fall. Core prices were 0.23% higher in February than in January, slightly lower than expectations of
The Typical U.S. Homeowner Stays Put For 11.8 Years. In Parts of California, It’s Closer to 20 Years.  
The typical Los Angeles homeowner stays put for 19.4 years, longer than any other U.S. metro and the longest span on record for the area. Nationwide, median homeowner tenure is down from its pandemic peak, but nearly double what it was in the early aughts.  The typical U.S. homeowner stays

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