Real Estate News Today

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

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

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

The average rate for an ARM so far this month is 5.51%, compared with a 6.19% average for a 30-year fixed rate mortgage.  The typical homebuyer using an ARM takes on a monthly payment of $2,578, down 7% from last year.  Today’s ARM discount is big enough that buyers should

A Redfin agent in Austin said the upside of higher mortgage rates is that they decrease competition, allowing house hunters to negotiate prices down and ask for concessions.  Mortgage rates are bouncing back up and home-sale prices are rising.  The weekly average mortgage rate rose to 6.11% last week, the

The Fed left interest rates unchanged at its March 18 meeting, as expected, amid the backdrop of the Iran war, which is contributing to a shaky economic outlook.  Takeaway: The meeting will nudge mortgage rates ever so slightly higher. But Fed Chair Jerome Powell expressed more concern over high inflation

AuthorJenniffer Taylor.  Date: March 18, 2026 3:29 pm The San Diego housing market is expected to have more balance, more inventory, and modest price increases in 2026. The post San Diego Housing Market 2026: Expert Take on What to Expect appeared first on FastExpert.

By comparison, the bottom 20% of U.S. earners hold just 5% of real estate wealth. The top 1% of earners in America hold 12.7% of the country’s real estate wealth, and those in the 80th to 99th income percentile hold 43.7%. All together, that means the top 20% of earners

This Week In A Nutshell: We’re expecting rates to continue bouncing around this week, as the Middle East conflict continues into its third week with no clear off-ramp and markets anticipate the upcoming Fed meeting. Upcoming Attractions Markets will once again be focused on the evolving situation in the Middle

AuthorAmanda Dodge.  Date: March 16, 2026 3:51 pm Use this guide to better understand the 2026 Climate Migration Map: Best States to Buy for Long-term Resilience. The post The 2026 Climate Migration Map: Best States To Buy For Long-Term Resilience appeared first on FastExpert.

AuthorAmanda Dodge.  Date: March 16, 2026 3:34 pm This guide will cover the secret to lowering your monthly payment without refinancing: how to recast your mortgage. The post The Secret to Lowering Your Monthly Payment Without Refinancing: How To Recast Your Mortgage appeared first on FastExpert.

AuthorAmanda Dodge.  Date: March 16, 2026 2:26 pm Attract home buyers and secure a superior sale. Learn the keys about How Climate-Proof Upgrades Boost Your 2026 Asking Price The post Marketing the Resilient Home: How Climate-Proof Upgrades Boost Your 2026 Asking Price appeared first on FastExpert.

For the first time, the oldest Americans (70+) held a larger share of real estate wealth than middle-aged Americans (40-54).  The 70+ age group is the only one that has experienced consistent gains in real estate wealth. Younger Americans, who have grappled with rising home prices and mortgage rates, have

Redfin estimates inventory could increase 6%-12% in markets where sellers have the flexibility to test out pricing strategies before listing. Allowing sellers to gauge early interest in their homes encourages more accurate pricing, which reduces the chances of homes lingering on the market and selling for below the list price.

This methodology accompanies Redfin’s report about how letting home sellers test the market before officially listing could boost housing supply. Every year, many homeowners are discouraged from selling by the high costs and uncertainty associated with listing and selling a home. These effective costs include both direct expenses and other

Today’s rate increase is due almost entirely to inflation jitters.   The daily average mortgage rate jumped to a six-month high of 6.41% on March 13, after they had dipped below 6% for the first time since 2022 in February.  Today’s increase is almost entirely due to sentiment about inflation.  All

The share of homeowners who are “in the money” for a refinance has hit its highest level in over four years as mortgage rates dip to around 6%.  But less than 1 in 10 eligible homeowners have refinanced, even though they stand to save money. One in five (19.8%) U.S.

After several months of declines, new listings are posting a small improvement. Sellers are betting on mortgage rates that are closer to 6% than 7% bringing buyers off the sidelines.  New listings of U.S. homes for sale rose 0.5% from a year earlier during the four weeks ending March 8,

AuthorReal Estate Experts.  Date: March 11, 2026 4:01 pm This barndominium guide covers everything from financing, construction and resale value for barndominiums compared to traditional homes The post The 2026 Barndominium Guide: Construction, Value & Comparison appeared first on FastExpert.

The majority of Americans say the military conflict with Iran isn’t impacting their plans to buy a home or car, per a new Redfin survey.  The Iran conflict has a smaller impact than tariffs or concerns about job security on purchase plans. The impact of October’s government shutdown was similar.