Tracy Vasquez is a Redfin Premier agent serving customers in Maryland, Virginia and Washington, D.C. She joined Redfin in August 2024 after building a successful team, The Radiant Home Group. We caught up with Tracy to hear more about her experience at Redfin so far. You can follow her on

In Los Angeles, demand for rentals is spiking as residents displaced by wildfires search for housing.  The median U.S. monthly housing payment is $2,686, the highest level in nearly seven months, as of the four weeks ending January 19. Housing costs are high because of rising mortgage rates and home

AuthorAmy Prumo.  Date: January 22, 2025 3:05 pm If you want top dollar for your home, don’t give buyers the ick! Avoid these 7 home buyer turnoffs from an expert Realtor! The post Don’t Give Home Buyers the Ick! 7 Home Buyer Turnoffs and What Sellers Can Do to Fix

Renters need to earn $63,680 to afford the median asking rent for a U.S. apartment—the lowest income required since early 2022.  Texas metros Austin, Houston and Dallas are the most affordable for renters, while Providence, Miami and New York are the least affordable. The typical renter earns enough to afford

Happy 2025, everyone! I love the promise of a new year and all of the possibilities it can bring—and that’s especially true now as we continue to welcome some incredible talent to the team. Last month, more than 100 agents decided to grow their business with Redfin and embrace all

President Trump’s day-one executive order on housing signals that tackling the housing affordability crisis in the U.S. will be a priority. His remarks on tariffs should bring mortgage rates down a bit.  President Trump issued an executive order on housing on the first day of his second term, signaling that

Home prices grew 0.4% month over month in December, rising at a slightly slower pace than the past four months. On a year-over-year basis, home prices closed out the 2024 calendar year up 5.4%, the smallest annual increase since 2015. 15 of the 50 most populous U.S. metros recorded a

In Cleveland, prices jumped 15% year over year in December—the biggest increase among the 50 most populous metros. Next came Milwaukee and Philadelphia. Florida is home to the three metros where prices rose the least. Home prices rose from a year earlier in all 50 of the most populous U.S.

Pending home sales dropped 4.5% from November as mortgage rates jumped to the highest level in months. Roughly 40,000 home purchases were called off in December, equal to 16% of homes that went under contract—the highest December percentage on record. Existing home sales—a lagging indicator of deals that were negotiated

Pending sales posted their biggest decline in over a year this week, as did new listings. But mortgage-purchase applications are on the rise, and mortgage rates are coming down.  Home tours and pending sales are falling as devastating wildfires burn in Southern California, extreme cold and snow hit the Northeast,

AuthorAlex Capozzolo.  Date: January 15, 2025 3:46 pm Deciding to sell your home is a deeply personal choice. Decide if it’s time to move with these 10 signs that it’s time to sell your home. The post Should I Sell My Home – 10 Signs That It’s Time To Sell

The December CPI report should reverse the jump in mortgage rates we saw last week after a strong jobs report, but political uncertainty and economic volatility will keep rates around 7% for the foreseeable future.  The latest Consumer Price Index reading shows softer-than-expected core inflation for December. Takeaway: This will

AuthorAmanda Dodge.  Date: January 15, 2025 2:27 am Hot tubs and spas are an increasingly popular home accessory, especially in luxury homes. However, some people add hot tubs to their homes believing they are an investment that will boost the resale value. This is a debatable topic because an asset

AuthorAmanda Dodge.  Date: January 15, 2025 2:25 am It’s not uncommon for multiple siblings to own a property, usually because they inherited a childhood home or vacation house when their parents passed away. Joint ownership has several benefits, especially if each sibling wants to keep the home in the family’s

Below we’ve outlined Los Angeles housing statistics reflecting the period leading up to the devastating wildfires. We’ll be updating this page with new data and insights as they become available and as the situation evolves. Redfin agents are working hard to help local homebuyers and sellers navigate disruptions and changes

A surprisingly strong December jobs report defies recession fears and will keep the Fed in a holding pattern for the foreseeable future. Mortgage rates will increase today. 256,000 jobs were created in December, many more than the 150,000 expected by forecasters. The unemployment rate unexpectedly ticked down to 4.1% from

The median asking rent fell 0.3% year over year in December to $1,594, the lowest since March 2022.  Austin, TX posted the biggest decline, with asking rents down 16%, followed by Tampa and Jacksonville. Rents rose most in Providence, RI, Virginia Beach and Louisville. Property owners are lowering rents to

More house hunters are hitting the pavement as the new year starts, but pending home sales are down as daily average mortgage rates hit a seven-month high.  More house hunters are starting their home search as the new year kicks off. Redfin’s Homebuyer Demand Index–a seasonally adjusted measure of tours

AuthorAmanda Dodge.  Date: January 9, 2025 3:24 am The number of unmarried couples who cohabitate is growing in the United States. In a recent study, the percentage of young adults ages 18-24 living with a partner was larger than that of young adults living with a spouse. Just because a

AuthorMegan Kilmer.  Date: January 8, 2025 12:24 pm Selling your home now doesn’t just mean beating the spring rush—it means maximizing your chances for a stress-free, successful sale. The post 5 Reasons to Sell Your Home Now (And Beat the Spring Rush) appeared first on FastExpert.