Do Gutters Add Value To Your Home?
AuthorAmanda Dodge. Date: February 1, 2025 12:39 am Gutters play a valuable role in your home maintenance. They control how water flows off your roof to prevent it from pooling around your home. While most buyers might not immediately think about gutters when they are viewing a property, they will
Does a Metal Roof Increase Home Value?
AuthorAmanda Dodge. Date: January 31, 2025 11:05 pm The roof is one of the most important parts of any home. Not only does it play an essential role in protecting your family (and belongings) from the elements, but it also provides insulation that makes climate control possible. If you are
Does New Siding Add Value to Your Home?
AuthorAmanda Dodge. Date: January 31, 2025 10:56 pm Siding covers the exterior of a house and provides both protective and aesthetic value. The siding can keep bugs out of your home and prevent exposure to the elements, while also making your house visually appealing. Installing new siding is one of
Assessing the Potential Impact of Tariffs on the U.S. Housing Market
President Trump plans to impose tariffs of 25% on imports from Canada and Mexico, and 10% on imports from China, starting Saturday. While the situation is fluid, the introduction of any broad-based tariffs could significantly impact the U.S. housing market. High Mortgage Rates for Longer Higher tariffs are inflationary and
The Typical Home Is Taking Nearly 2 Months to Sell. That’s The Slowest Pace in 5 Years.
There are more than five months of supply on the market, the most since early 2019. Homes are taking a long time to sell largely because housing costs are so expensive–but for buyers who can afford it, there are a fair amount of homes to choose from. Homes are selling
Mortgage Rates to Remain Steady After Fed Pauses Cuts
The Fed held rates steady on Wednesday, as expected, and appears to be in no hurry to resume cuts. Mortgage rates are expected to remain unchanged. After cutting for three meetings in a row, the Fed decided to hold their policy rate steady and they see no reason to cut
Implications for Housing Under a Potential Federal Spending Freeze
UPDATE (13:00 EST Wednesday): The White House issued a new memo on Wednesday, rescinding its Monday order. Press Secretary Karoline Leavitt said the latest memo was not a rescission of the government spending freeze, just a rescission of the Monday memo. “The Executive Orders issued by the President on funding
Downtown Seattle Rents Rise for the First Time in 17 Months as Amazon Workers Go Back to the Office Full Time
The median asking rent for an apartment in downtown Seattle grew 2.5% year over year in December to $2,000—the first rise in 17 months. Seattle has built more new apartments than most major metros over the past few years, helping to keep rents in check, but demand may start to
How Much Value Does a Finished Basement Add?
AuthorAmanda Dodge. Date: January 29, 2025 3:08 am A finished basement is an increasingly popular investment by homeowners. It immediately increases the amount of living space, allowing people to create home offices, additional bedrooms, and play areas for kids. Finished basements can also potentially increase a home’s resale value, helping
I’ve Been A Realtor for 28 Years. Here Are 5 Tips for a Smooth Home Sale
AuthorLeslie Carver. Date: January 27, 2025 5:18 pm Take my advice as a realtor of 28 years if you want a smooth home sale. Declutter, stage, don’t ignore minor repairs… The post I’ve Been A Realtor for 28 Years. Here Are 5 Tips for a Smooth Home Sale appeared first
Why I Joined Redfin: Rob Griffin
Rob Griffin is a Redfin Premier agent in the greater Seattle area, serving buyers and sellers in Snohomish County. He joined Redfin in June 2024 after nearly two decades at local traditional brokerages. We caught up with Rob to learn more about his experience at Redfin so far. How did
Why I Joined Redfin: Tracy Vasquez
Tracy Vasquez is a Redfin Premier agent serving customers in Maryland, Virginia and Washington, D.C. She joined Redfin in August 2024 after building a successful team, The Radiant Home Group. We caught up with Tracy to hear more about her experience at Redfin so far. You can follow her on
High Housing Payments Are Slowing Home Sales, But Buyers Could Get Relief Soon
In Los Angeles, demand for rentals is spiking as residents displaced by wildfires search for housing. The median U.S. monthly housing payment is $2,686, the highest level in nearly seven months, as of the four weeks ending January 19. Housing costs are high because of rising mortgage rates and home
Don’t Give Home Buyers the Ick! 7 Home Buyer Turnoffs and What Sellers Can Do to Fix Them
AuthorAmy Prumo. Date: January 22, 2025 3:05 pm If you want top dollar for your home, don’t give buyers the ick! Avoid these 7 home buyer turnoffs from an expert Realtor! The post Don’t Give Home Buyers the Ick! 7 Home Buyer Turnoffs and What Sellers Can Do to Fix
Renters Need to Earn $63,680 to Afford the Typical U.S. Apartment—the Lowest Amount in 3 Years
Renters need to earn $63,680 to afford the median asking rent for a U.S. apartment—the lowest income required since early 2022. Texas metros Austin, Houston and Dallas are the most affordable for renters, while Providence, Miami and New York are the least affordable. The typical renter earns enough to afford
Redfin Welcomes December Agent Hires
Happy 2025, everyone! I love the promise of a new year and all of the possibilities it can bring—and that’s especially true now as we continue to welcome some incredible talent to the team. Last month, more than 100 agents decided to grow their business with Redfin and embrace all
President Trump’s Day-One Actions Will Push Mortgage Rates Down Slightly
President Trump’s day-one executive order on housing signals that tackling the housing affordability crisis in the U.S. will be a priority. His remarks on tariffs should bring mortgage rates down a bit. President Trump issued an executive order on housing on the first day of his second term, signaling that
U.S. Home Prices Rose 0.4% in December
Home prices grew 0.4% month over month in December, rising at a slightly slower pace than the past four months. On a year-over-year basis, home prices closed out the 2024 calendar year up 5.4%, the smallest annual increase since 2015. 15 of the 50 most populous U.S. metros recorded a
Home Prices Are Rising in Every Major Metro for the First Time Since 2022
In Cleveland, prices jumped 15% year over year in December—the biggest increase among the 50 most populous metros. Next came Milwaukee and Philadelphia. Florida is home to the three metros where prices rose the least. Home prices rose from a year earlier in all 50 of the most populous U.S.
Jim Marks
Phone:+1(610) 705-4014