Most Americans consider buying a house as a significant life goal. Homeownership offers stability and a sense of security and safety and for some, it is an essential rite of passage into adulthood. As you pursue…
Record-low mortgage interest rates below 3% drove pending sales to increase again, nearly to 2019 levels.
The post Pending Home Sales Approach 2019 Levels, Powered by Record-Low Mortgage Rates appeared first on Redfin | Real Estate Tips…
Even in Washington, DC, which has the highest Black homeownership rate in the U.S., just 51% of Black families own their home, versus more than 70% of white families. In Minneapolis, Milwaukee and Salt Lake City,…
The coronavirus has affected so many aspects of our lives – from how we work to how we exercise, communicate, and so much more. It has also affected the housing market and how we now buy…
Prices of the most affordable third of homes in the U.S. climbed 5.5% year over year during the 12 weeks ending May 31, while prices of the most expensive third of homes increased just 2%.
The post…
The coronavirus pandemic may be accelerating migration patterns that were already in place: Movement away from high-priced coastal cities to affordable inland areas like Phoenix, Sacramento and Las Vegas.
The post A Record 27% of Homebuyers…
So you’ve found your dream house and you’re ready to make an offer, but how do you make sure your offer stands out among all the others? How do you make your offer more appealing? Whether…
The impact of the coronavirus shutdowns on homebuyer demand has so far been short and muted, even in some of the cities that have been the hardest-hit by unemployment during the recession.
The post Homebuying Demand Rebound…
The housing market showed some early signs of recovery in May as new listings and pending sales both increased dramatically from April levels.
The post Home Prices Flat, Other Indicators Suggest the Market is Rebounding from Coronavirus…
If you’re on the buyer’s end, inspection surprises may preclude you from signing off on the home of your dreams. Here are some commonly encountered home inspection nightmares, as well as some advice on how to…