Real Estate News Today

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

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 area

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 the prices

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 vaca

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 to search for off-

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 many metros was over a

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 many metros was over a

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 recorded

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 recorded

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 im

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.  Econ

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.  Econ

AuthorKelsey Heath.  Date: April 19, 2025 10:30 pm Navigating a sale and purchase of a home at the same time isn’t easy. You need to align closing dates, manage finances, handle contingencies and any real estate agent will tell you that if it seems difficult, it’s going to be even harder than you an

The White House is pushing the Federal Reserve to cut rates, while the central bank adopts a wait-and-see approach. President Trump has also explored the possibility of removing Chair Powell before his term is up in May 2026. Let’s explore how these outcomes could affect mortgage rates. If the Fed s

The White House is pushing the Federal Reserve to cut rates, while the central bank adopts a wait-and-see approach. President Trump has also explored the possibility of removing Chair Powell before his term is up in May 2026. Let’s explore how these outcomes could affect mortgage rates. If the Fed s

Nearly one in four U.S. residents are canceling plans to make a major purchase, such as buying a home or car, because of President Trump’s tariff policies, according to a Redfin survey. 55% of respondents are less likely to make a major purchase this year, including 39% who are “much less likely.” M

Nearly one in four U.S. residents are canceling plans to make a major purchase, such as buying a home or car, because of President Trump’s tariff policies, according to a Redfin survey. 55% of respondents are less likely to make a major purchase this year, including 39% who are “much less likely.” M

U.S. home prices are growing half as fast as they were at the end of last year.  Nationwide, the median home-sale price rose 2.6% year over year during the four weeks ending April 13. That’s roughly the same as the increases we’ve seen over the past month, but down from 5% to 6% growth at the end of