Mortgage rates will stay largely unchanged after the Fed held rates steady at its May meeting, opting to remain in a noncommittal “wait-and-see” mode until more information is known about the state of the U.S. economy. The Fed kept the Federal Funds rate unchanged, as expected, and signaled no action

The number of homes for sale in the nation’s capital is at the highest level since 2022 amid a mass reduction in the federal workforce under the Trump Administration. Active listings of homes for sale in Washington, D.C.  jumped 25.1% year over year to the highest level since 2022 during

In Denver and Seattle, families pay nearly as much for daycare as they do for rent–and they pay much more for daycare than rent if it’s for two children. The average monthly cost of sending one child to daycare in Denver is $1,434, equal to 83% of the typical rent

AuthorKelsey Heath.  Date: May 5, 2025 7:01 pm Rising costs. Shrinking spaces. And a growing desire to live simpler. That’s the recipe behind one of America’s fastest-growing housing trends: smaller living. But how much does it cost to build a small house in today’s economy and is it even worth

AuthorT.C. Obichang.  Date: May 5, 2025 3:53 pm Don’t make the mistake of a money pit. Sometimes a house is not worth fixing. Determine what renovations to complete before diving in. The post At What Point Is a House Not Worth Fixing? appeared first on FastExpert.

Mortgage rates will move slightly higher today on the back of a strong April employment report that makes the previously expected June Fed rate cut very unlikely, but a deterioration in the labor market is expected in coming months if trade policy doesn’t change. Employers added 177,000 jobs in April—more

Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in the U.S. over the past year—down 27.1% from the pandemic building boom and down 5.5% from before the pandemic. Austin, TX is issuing more multifamily permits than any other metro Redfin analyzed, while Stockton, CA is

Mortgage-purchase applications are declining and pending home sales are sluggish. The 2025 spring homebuying season is lackluster, with record-high housing costs and widespread economic instability keeping would-be homebuyers at bay.  Mortgage-purchase applications are down 6% month over month, and Redfin’s Homebuyer Demand Index–a measure of tours and other buying services

Monthly mortgage payments are declining in some parts of the country as homebuying demand slows amid widespread economic uncertainty. The silver lining for buyers in those places: They have some negotiating power.  Monthly mortgage payments are declining in 12 of the 50 most populous U.S. metro areas, half of them

The $469,729 median asking price is 9% higher than the $431,057 median sale price—the largest gap since 2020. Market dynamics have shifted in favor of buyers, but sellers have been slow to adjust, which is why list and sale prices are diverging.  The prices home sellers are asking for and

AuthorAmanda Dodge.  Date: April 25, 2025 5:22 am Most buyers expect the seller to be out of the property by the closing date, but misconceptions about move-out timing are one of the most common causes of conflict in real estate transactions. There is no universal standard for when sellers must

AuthorAmanda Dodge.  Date: April 25, 2025 5:18 am In a hot market with limited inventory, buyers are always looking for a way to beat the competition. They want to make bids that stand out and find hidden gems before others on the market do. This competition is causing more people

Nationwide, home prices are up 2.1%  year over year, the slowest growth rate in nearly two years.  The median home-sale price declined year over year in 11 of the 50 most populous U.S. metro areas during the four weeks ending April 20. The last time home prices dropped in that

Nationwide, home prices are up 2.1%  year over year, the slowest growth rate in nearly two years.  The median home-sale price declined year over year in 11 of the 50 most populous U.S. metro areas during the four weeks ending April 20. The last time home prices dropped in that

AuthorSimon Campbell.  Date: April 23, 2025 4:44 pm With limited inventory and high home prices, tax deed properties present the opportunity so buy a home for less. Find out how. The post Buying Tax Deed Property: A Smart Way to Score Cheap Houses? appeared first on FastExpert.

AuthorJulie Wyss.  Date: April 23, 2025 1:19 pm When it comes time to prepare your home for sale, decluttering and organizing your home isn’t just a nice idea—it’s essential The post Start Simple: A Guide to Organizing Your Home appeared first on FastExpert.

Home prices ticked up 0.2% month over month in March, the slowest pace since December 2022. On a year-over-year basis, home prices rose 4.6%, down from 5.1% growth the month before.  It was the 11th consecutive month that annual growth had slowed. Twenty of the 50 most populous U.S. metros

Home prices ticked up 0.2% month over month in March, the slowest pace since December 2022. On a year-over-year basis, home prices rose 4.6%, down from 5.1% growth the month before.  It was the 11th consecutive month that annual growth had slowed. Twenty of the 50 most populous U.S. metros

AuthorKelsey Heath.  Date: April 21, 2025 6:56 pm 75% of homebuyers consider extra storage space an important factor when choosing a home. Buyers often prioritize properties with additional storage for tools, outdoor equipment, and seasonal items. But does a shed add value to a home in a way that impacts

More sellers are offering concessions as rising housing costs and economic uncertainty make buyers nervous, and housing supply hits a five-year high. In Seattle, 71% of sellers are giving concessions–the highest rate among the metros Redfin analyzed and nearly double the share from a year ago.  Economic jitters are also