Over $50 Billion Worth of Los Angeles Homes Were Impacted by the January Wildfires
The typical home that was impacted had a value of $3.7 million prior to the fires. $51.7 billion worth of homes in the city of Los Angeles—or roughly 11,000 residential properties—were impacted by the wildfires in January. This is according to a Redfin analysis of data from the Los Angeles City Cou
U.S. Home Prices Fall 5-10% From Last Year for Russian, Japanese and European Buyers as Dollar Weakens
The median price of a typical U.S. home rose 1% to a record $447,035 in June. The equivalent price in Russian, Japanese and European currencies fell between 5% and 10% year over year in June—thanks to a weaker U.S. dollar. American homes are more expensive than a year ago in foreign currencies close
U.S. Asking Prices Post Smallest Increase in Nearly 2 Years As Home Sellers Adjust to Buyer’s Market
Slowing price growth is good news for homebuyers. So are shrinking housing payments, with the median U.S. mortgage payment falling to its lowest level in five months. The median U.S. asking price is $403,000, up just 2.2% year over year, the smallest increase in nearly two years. Asking prices ar
What Happens If A Seller Does Not Make Repairs Before Closing?
AuthorAmanda Dodge. Date: July 23, 2025 6:42 pm Real estate is all about negotiating, from setting the sale price to agreeing on a closing date. However, some parties may agree to terms and then fail to fulfill their end of the bargain. Buyers have several options if the seller does not make the ag
Should You Renovate or Sell As-Is on Florida’s East Coast?
AuthorDewayne Clyde Carpenter. Date: July 23, 2025 4:44 pm We recommend addressing insurance-related items, applying a fresh coat of paint, and staging the home to highlight its best features. The post Should You Renovate or Sell As-Is on Florida’s East Coast? appeared first on FastExpert.
House Not Selling? Here Are 5 Smart Moves to Make Today
AuthorAaron Gray, Sr.. Date: July 23, 2025 3:15 pm If your home isn’t selling, look here– from creative incentives to rethinking your agent or pricing strategy, there are alternatives. The post House Not Selling? Here Are 5 Smart Moves to Make Today appeared first on FastExpert.
U.S. Home Prices Edge Down 0.1% in June, With Declines in Most Major Metros, Led by Washington, Austin and San Diego
U.S. home prices were down slightly in June for the third consecutive month. Prices rose 3.4% year over year, the slowest rate since June 2023. 30 of the 50 most populous U.S. metros recorded a drop in home prices month over month. Prices fell most in Washington, D.C. (-1.8%), where home prices hav
Should You Sell Your Current Home Before Buying a Bigger Home?
AuthorAmanda Dodge. Date: July 18, 2025 2:57 pm You’re ready for a bigger home, but you’re stuck in a catch-22. If you sell first, you might end up scrambling to find temporary housing while your family lives out of boxes. If you buy first, you could be stuck carrying two mortgages while your curre
How to Buy a Home in a Sellers Market?
AuthorAmanda Dodge. Date: July 17, 2025 4:31 am Buying a house in a seller’s market can feel overwhelming and intimidating. The limited inventory means buyers often enter bidding wars and try to make offers above the listing price when they can. However, you don’t have to put your buying plans on h
Should You Renovate or Sell As-Is in California?
AuthorMegan Kilmer. Date: July 16, 2025 2:58 pm Weigh buyer expectations, competition and determine if you renovate or sell as is in California to get the most out of your home sale. The post Should You Renovate or Sell As-Is in California? appeared first on FastExpert.
How Fast Can You Move Into a House After Buying?
AuthorKelsey Heath. Date: July 13, 2025 10:13 pm You’ve signed the contract, secured financing, and made it to closing day. Can you please pick up the keys and start unpacking? Well, not always. Many buyers assume closing day means move-in day. But in reality, possession depends on more than just p
How to Split Proceeds from the Sale of a House
AuthorKelsey Heath. Date: July 13, 2025 10:09 pm Whether you’re divorcing, co-owning with a partner, or dividing an inherited home, the process can be emotional, legally complex, and full of surprises. Disagreements over ownership, contributions, or what each person is owed can quickly become dispu
Renovate or Sell As-Is in Pennsylvania?
AuthorAlex Capozzolo. Date: July 9, 2025 10:33 pm Thinking of selling in PA? Read advice from an expert Realtor and investor to decide if you should renovate or sell as-in in Pennsylvania. The post Renovate or Sell As-Is in Pennsylvania? appeared first on FastExpert.
26% Fewer Canadians Are Searching For Homes in the U.S. Than Last Year
The number of Redfin.com users based in Canada searching for U.S. homes to rent or buy fell 26.4% from a year earlier in May. That’s a sign that fewer Canadians are moving south of the border or seeking vacation homes in once-popular destinations like Miami and Phoenix. Fewer Canadians are searching
New Listings, Pending Sales Fall As Home Prices Hit Another All-Time High
New listings fell 1% year over year during the four weeks ending June 29, the first decline in nearly six months, with would-be sellers taking notice of slow demand. But it’s worth noting that the weekly average mortgage rate fell to 6.67%, its lowest level since early April. We’re taking a break f
Mortgage Rates to Remain Mostly Unchanged After Stronger-Than-Expected Jobs Report
The U.S. added more jobs than expected in June, and the unemployment rate declined despite expectations that it would increase. Mortgage rates may rise slightly in the short term, but they’ll stay mostly unchanged. The June jobs report was stronger than expected. That means mortgage rates will tick
Homebuyers Gain $16,000 in Purchasing Power As Mortgage Rates Dip to Lowest Level in 3 Months
The daily average mortgage rate dipped to 6.67% to start July, down from roughly 7.1% five weeks earlier. On-the-fence house hunters should consider jumping in while they have more purchasing power–and more negotiating power. A homebuyer on a $3,000 monthly budget has gained $16,000 in purchasing p
The Tale of the Tribe
In closing today’s $2-billion sale of Redfin to Rocket, Redfin has made a careful inventory of every asset to convey to our new home: the sofas, the coffee table, the books. And now that we’ve rolled down the door of the van and set the latch, we just realized that we need to pop back into our old p
Redfin Is Now Powered by Rocket®!
We’re excited to announce that Redfin is now officially part of Rocket Companies! By joining forces with America’s largest mortgage lender¹, Rocket Mortgage, we’re creating a more connected experience from your first online home search all the way to closing day. We’re still the #1 brokerage websit
Condo Prices Dropped 2% in May—the Second Largest Decline on Record
Condo prices fell amid increasing HOA fees and insurance costs. Single-family home prices, by comparison, rose 0.5%. Condo sales dropped 12%—more than three times as much as sales of single-family homes. Florida is the epicenter of the condo slump, with prices and sales down over 30% in some areas.

Jim Marks
Phone:+1(610) 705-4014





