Pending Home Sales Post Biggest Decline in 3 Months as High Rates, Iran War Chill Market

Easter weekend also sidelined many would-be buyers. The Iran war ceasefire announced Tuesday could ease mortgage rates. U.S. pending home sales fell 2.4% year over year during the four weeks ending April 5, the biggest decline in three months. Sales fell most in Providence, RI (-15.5%), Houston (-15.4%) and New
The Rise of Multigenerational Living: Marketing Two Primary Suites

AuthorWhitney Bontrager.  Date: April 8, 2026 9:48 pm Multigenerational living continues to grow in demand, making dual primary bedrooms a sought after feature in homes. The post The Rise of Multigenerational Living: Marketing Two Primary Suites appeared first on FastExpert.
Redfin Economists’ Weekly Take: Iran War Drives Mortgage Rate Volatility as Markets Brace for Inflation Data

This Week In A Nutshell: With the Iran War stretching into its sixth week, mortgage rates will continue to ebb and flow with new developments. Additionally, markets will digest fresh inflation data for March this coming Friday. Upcoming Attractions   Any new developments in the Iran War that impact energy
Ryanair Co-Founder Restored An 18th Century Village In Ireland And Now It’s Up For Sale For $23 million

Just a 30-minute drive outside Dublin sits the Village at Lyons, a privately owned village dating back to the 18th century. It recently went on the market for $23,078,698.  The village sits on 20 acres and has 47 bedrooms. Some additional features include a caretaker house, a carriage house, a
Seemingly Strong March Jobs Report Won’t Impact Mortgage Rates Much

Takeaway: The March jobs report, which is hot on its surface, will not move rates much. The underlying fundamentals of the report are weaker than the headline, and the Iran war continues to dominate economic data in driving market moves. 178,000 jobs were created in March, when forecasters only expected
The Great Housing Mismatch: Empty Nesters Own 28% of the Nation’s Large Homes, Millennial Families Own 16%

Empty-nest baby boomers own many more 3-bedroom-plus U.S. homes than younger families raising children, underscoring a mismatch between who has space and who needs it.  Millennials with kids are facing both affordability and inventory challenges–but at the same time, baby boomers have little financial incentive to move–and there’s limited inventory
Monthly Payments Tick Up For First Time in 6 Months As Mortgage Rates, Home Prices Jump

The Iran war is a major factor pushing up mortgage rates. Some would-be buyers are backing off amid high costs and uncertainty stemming from the war.  The median U.S. monthly mortgage payment is $2,742, up 0.4% year over year. While that’s a small increase, it’s the first in nearly six
How To Tell If A Home Is Overpriced (And How To Negotiate)

AuthorChristy Crouch.  Date: April 1, 2026 5:06 pm Expert Advice: I’ve got decades of experience. Here’s how to tell if a home is overpriced and what to do if it is. The post How To Tell If A Home Is Overpriced (And How To Negotiate) appeared first on FastExpert.
Cleveland Remains a Beacon of Affordability for Homebuyers

As many Americans consider buying a home this spring, they may want to take a closer look at the Cleveland metro area. Not only is it home to one of Redfin’s latest and most unique listings—the Cleveland Cavaliers’ Rocket Arena—it’s also one of the most affordable markets in the country. 
Over Half of Home Listings Have Been Lingering on the Market For More Than 2 Months

In dollar terms, there’s $347 billion worth of stale listings in the U.S.,  more than ever before for this time of year. That’s because there are hundreds of thousands more home sellers than buyers, leading to homes sitting on the market.  Stale inventory is most common in Florida, and least
Market Jitters Drive Mortgage Rates Up, Sending Some Would-Be Homebuyers to the Sidelines

Higher housing costs, along with economic uncertainty that comes with the Iran war, are causing some house hunters to think twice.  The weekly average mortgage rate has hit a three-month high of 6.22% as the Iran war and jitters about inflation rattle markets. The daily average mortgage rate rose as
14% of Home-Sale Agreements Fell Through Last Month–A Record for February

House hunters have the upper hand, allowing them to abandon deals over price, repairs or second thoughts. Cancellations are most common in Tampa and San Antonio, where there are roughly twice as many sellers as buyers.  More than 42,000 U.S. home-sale agreements fell through in February, equal to 13.7% of
U.S. Home Prices Barely Budged in February

Home prices rose 0.1% month over month on a seasonally adjusted basis—the slowest growth in seven months. Prices fell in 16 major metros, with the biggest declines in Jacksonville, FL, Providence, RI and Columbus, OH. Prices rose most in Charlotte, NC, Portland, OR and West Palm Beach, FL. U.S. home
Redfin Economists’ Weekly Take: Iran War Drives Rate Volatility

This Week In A Nutshell: The Iran War continues to fuel market volatility as it enters its fourth week, particularly as the White House signals it is seeking a resolution. Upcoming Attractions   This week will feature many speaking engagements from various Fed officials, but key economic data releases will
There Are 630,000 More Home Sellers Than Buyers—the Biggest Gap on Record

When sellers outnumber buyers, the buyers who are in the market have bargaining power. In other words, it’s a buyer’s market. The strongest buyer’s markets are in the South, while the strongest seller’s markets are in the Northeast. There were an estimated 46.3% more home sellers than buyers in the
February’s $30M+ Home Sales Cluster in Florida and NYC—Including Two in the Same Barrier Island Enclave

Florida and New York dominated February’s ultra-luxury housing market, with oceanfront estates and Central Park condos going for more than $50 million. A never-before-listed oceanfront estate in Manalapan, FL—an ultra-exclusive town on a small barrier island near Palm Beach—was the most expensive U.S. home sale of February 2026, pulling in
Real Estate Exit Strategy: How to Plan Your Best Move

AuthorKevin Bautista.  Date: March 20, 2026 4:16 pm Thinking about what happens when you eventually sell or leave your property? A real estate exit strategy is your game plan. The post Real Estate Exit Strategy: How to Plan Your Best Move appeared first on FastExpert.
Escalating Iran War, Rising Oil Prices, Fed Uncertainty Push Mortgage Rates to 6-Month High

The daily average mortgage rate rose to a six-month high of 6.53% on March 20.  Mortgage rates are jumping because the Iran war is escalating, increasing the likelihood that oil prices will stay higher longer, and because of the Fed’s reaction to it.  News broke on March 20 that the
3 in 5 Americans Fear AI Could Replace Jobs, Making it Harder to Afford Homes

Just 30% of Americans believe advances in AI will help boost the economy and help more people afford homes, according to a recent Redfin survey. The majority of both Democrats and Republicans believe AI will make it harder to afford homes.   Nearly two-thirds of Americans say tariffs will cause inflation
Homebuyers Can Afford to Take Their Time Heading Into Spring 2026

The typical home that went under contract in February spent 66 days on the market—the slowest February pace in a decade. The typical buyer scored 1.8% off the list price—the biggest February discount since 2023; sellers outnumber buyers, giving buyers negotiating power. Pending home sales and new listings both inched
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