Investor purchases of U.S. homes rose 2% year over year in the first quarter. Investor activity has been fairly stable for the past two years, after the wild up-and-down swings of the pandemic era. Investor purchases of condos fell 3% year over year to the lowest level in 10

AuthorAmanda Dodge.  Date: May 28, 2025 12:08 am Selecting your real estate agent is a critical decision that could have a significant impact on your home sale. A quality agent will be able to identify the fair market value of a property, list it appropriately, and use their marketing and

AuthorKelsey Heath.  Date: May 28, 2025 12:06 am If you are a first-time homebuyer in California, you know how difficult it is to find an affordable home. California’s housing market has long been challenging for first-time buyers, and recent interest rates and limited inventory have worsened affordability. As of April

The typical U.S. luxury home sold for $1,348,065 in April, up 6.5% from a year earlier, but down slightly from the record high set in March. Economic uncertainty is pushing high-end buyers to the sidelines, with pending sales of luxury homes down 9.9% year over year. That is the largest

AuthorAmanda Dodge.  Date: May 26, 2025 5:12 am Not everyone can live in their house (or nearby) when selling it. You may find yourself in a completely different state while navigating the real estate process. Some people have to move for work, while others inherit a home from a relative

AuthorAmanda Dodge.  Date: May 26, 2025 5:09 am Hiring a quality buyer’s agent is an essential step when purchasing a home. This person will provide expertise in the world of real estate and serve as your advocate, guide, and negotiator. Buying a home is one of the largest financial transactions

1 in 7 home-purchase agreements fell through last month. The share was higher in many parts of Florida, which is home to 5 of the 10 metros with the highest cancellation rates. Redfin agents say that when a deal is on shaky ground, it can be an opportunity for outbid

Mortgage rates are forecasted to stay elevated near 7%. Redfin economists expect the median U.S. home-sale price to fall flat in the third quarter, and fall 1% year over year by the fourth quarter. When it comes to mortgage rates, we expect them to remain elevated near 7% for the

Would-be buyers are sidelined by record-high housing costs and economic instability, allowing inventory to pile up. New listings of U.S. homes for sale rose 8.4% year over year to their highest level in nearly three years during the four weeks ending May 18. But buyers aren’t biting: Pending sales fell

Keeping up with economic news these days is no small feat, but Redfin’s economics team helps us make sense of it all. In a recent Q&A session for current and prospective Redfin agents, our experts broke down the headlines to highlight what really matters in the housing market right now.

Keeping up with economic news these days is no small feat, but Redfin’s economics team helps us make sense of it all. In a recent Q&A session for current and prospective Redfin agents, our experts broke down the headlines to highlight what really matters in the housing market right now.

U.S. home prices in April nudged down 0.1%, the first month-over-month decline since September 2022. Home prices rose 4.1% year over year—the smallest increase since July 2023. Half of the 50 most populous U.S. metros recorded a drop in home prices month over month, led by Charlotte (-1%). U.S. home

U.S. home prices in April nudged down 0.1%, the first month-over-month decline since September 2022. Home prices rose 4.1% year over year—the smallest increase since July 2023. Half of the 50 most populous U.S. metros recorded a drop in home prices month over month, led by Charlotte (-1%). U.S. home

AuthorJulie Wyss.  Date: May 19, 2025 1:57 pm A stellar house showing is about creating an emotional connection between the buyer and the home. Learn how with this expert advice. The post 8 Tips for a Stellar House Showing appeared first on FastExpert.

Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply of homes for sale hit a five-year high, putting downward pressure on prices, which grew at the slowest pace in nearly two years. Still, high

Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply of homes for sale hit a five-year high, putting downward pressure on prices, which grew at the slowest pace in nearly two years. Still, high

Most of April’s most expensive home sales were in beachfront Florida, with a pair of Beverly Hills estates and two luxury Manhattan condos rounding out the top 10. A trio of neighboring properties in Naples, FL, made up three of April’s most expensive home sales, including the most expensive: a

Most of April’s most expensive home sales were in beachfront Florida, with a pair of Beverly Hills estates and two luxury Manhattan condos rounding out the top 10. A trio of neighboring properties in Naples, FL, made up three of April’s most expensive home sales, including the most expensive: a

Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier. Broken down by price, the average buyer’s agent commission for $1 million-plus homes was 2.17%—down from 2.22%

Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier. Broken down by price, the average buyer’s agent commission for $1 million-plus homes was 2.17%—down from 2.22%