Real Estate News Today

Redfin is making it a little easier for you to quickly find information about homes on the market thanks to our new generative AI-powered virtual assistant, Ask Redfin! House hunters can use Ask Redfin, now available in beta, to learn about a listing, such as whether there’s an upcoming open house,

There are more homes for sale as spring approaches, and house hunters are hitting the pavement. Home touring activity is rising, and mortgage-purchase applications are up 11% this week. New listings rose 13% from a year earlier nationwide during the four weeks ending March 3, the biggest increase in

The racial homeownership gap is biggest for millennials, but it exists in every generation. Redfin economists expect the gap to shrink for millennials in the near future.  Just one-third (33%) of Black millennials own their home, compared to two-thirds (65%) of white millennials.  That’s the largest

AuthorKelsey Heath.  Date: March 5, 2024 5:18 am A flat fee realtor is a real estate professional who charges a fixed, flat rate for their services instead of the traditional commission based on a percentage of the property’s sale price. Historically, real estate agents have charged 5-6% commission,

AuthorKelsey Heath.  Date: March 5, 2024 5:13 am Renovating your home is a great way to add value to your property. While you can undertake some projects on your own, others require permits. Permits take time and money, and many homeowners skip this process but face challenges when it comes time to

AuthorKelsey Heath.  Date: March 4, 2024 8:37 pm A garage can be a fantastic feature in a home. Not only does it act as added parking, but for many, it’s valued for its additional storage space. For others, they turn space into a home gym, office, or even a studio. A garage has become more than just

AuthorSeb Frey.  Date: March 4, 2024 7:51 pm If your home has features that are in relatively short supply and high demand in your market, your home can sell over the asking price! The post The Top 5 Features That Make Your Home Sell Over Asking appeared first on FastExpert.

Applications Open for 2024 REACH Commercial Program The REACH Commercial program nurtures growth and innovative solutions within the proptech sector. Media Contact:  Spencer High 202-383-1051 Commercial & Investment Real Estate, Real Estate Technology

AuthorKelsey Heath.  Date: March 3, 2024 2:56 am A mortgage pre-approval is a lender’s promise to loan you a certain amount, provided nothing changes dramatically before you apply for the actual mortgage. It indicates how much house you can afford after reviewing your finances and credit history. Wh

Pending Home Sales Receded 4.9% in January The Northeast and West posted monthly gains in transactions; the Midwest and South recorded losses. All four regions saw year-over-year decreases. Media Contact:  Lauren Cozzi 202-383-1178

More sellers are listing their homes, but 7% mortgage rates and still-high home prices are pushing down sales.  New listings of U.S. homes for sale rose 13% year over year during the four weeks ending February 25, the biggest increase in nearly three years. Total inventory is also improving: Active

The total value of U.S. homes jumped 5%, the biggest gain in nearly a year, as a shortage of houses for sale propped up values. Affordable East Coast and Midwest metros saw gains of over 10%, while pricey metros and pandemic boomtowns saw declines. The U.S. housing market gained $2.4 trillion over t

AuthorBill Gassett.  Date: February 26, 2024 7:11 pm Prepare to sell your home for top dollar and low stress. With 40 years of experience, this Realtor has got first time home sellers covered. The post Agent Advice: Everything First-Time Home Sellers Need to Know appeared first on FastExpert.

Florida’s condo market is faltering as the increasing intensity of natural disasters pushes up home insurance costs, and HOA fees soar in the wake of the 2021 Surfside condo collapse.   Prices of condos in major Florida metros are dropping year over year, and sales are declining. New condo listings

AuthorAmanda Dodge.  Date: February 25, 2024 4:22 am When someone buys a house, they are responsible for its upkeep. Over time, the property will wear out or natural disasters can occur, making the house uninhabitable. When this occurs, the property can be condemned by the local government. A condem

Existing-Home Sales Rose 3.1% in January While home sales remain sizably lower than a couple of years ago, January’s monthly gain is the start of more supply and demand. Media Contact:  Troy Green 202-383-1042

New listings posted their biggest increase in two months this week, but mortgage applications and pending sales declined as mortgage rates stay stubbornly high.  More sellers are listing their homes as spring draws nearer. New listings rose 10% year over year during the four weeks ending February 18

AuthorAmanda Dodge.  Date: February 22, 2024 6:19 am There’s a growing trend with homeowners to buy second properties while keeping their first homes. The goal is to turn the second home into the primary residence while using the first home as an investment property. This could be a good option if y

AuthorAmanda Dodge.  Date: February 22, 2024 6:16 am Buying a million-dollar house isn’t as outlandish as it seems. There are several markets across the country where the median home price falls near or above $1 million. If you are looking to buy in San Francisco, you can expect to pay around $1.57

NAR Announces Partnership With Curbio REALTORS® and their clients will have free access to Curbio’s ‘Build Your Own’ estimate app, which offers free repair estimates for… Media Contact:  Spencer High 202-383-1051