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Priced Out of Moving Up in 2018? This Spring, the Same Monthly Budget Can Buy $25,000+ More House

Priced Out of Moving Up in 2018? This Spring, the Same Monthly Budget Can Buy $25,000+ More House

Last October when mortgage rates were at 4.75 percent—up nearly a full point from a year earlier—we shared a version of the chart below to demonstrate how your buying power would decline if mortgage rates continued to increase.The[...]
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Thursday is the Best Day to List Your Home for Sale

Thursday is the Best Day to List Your Home for Sale

The results are in: Thursday is still the best day to list your home. Homes listed on Thursday tend to sell for more money and in less time than homes listed on other days of the week.Homes listed on Thursday sold for an average of $3,015 more[...]
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Homebuyers in 2019 Spend 3 Fewer Days Searching, Visit 1 Less Home on Average than Last Year

Homebuyers in 2019 Spend 3 Fewer Days Searching, Visit 1 Less Home on Average than Last Year

In the three months ending in February, it took the typical homebuyer 73 days to close on their new home after their first home tour, down from 76 days last year and from a peak of 84 days in winter 2016. This is according to a new analysis of home[...]
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Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012

Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012

U.S. home-sale prices increased just 0.6 percent in February compared to a year ago, to a median of $287,400 across the metros Redfin tracks. This is the smallest year-over-year price increase recorded since prices stopped falling[...]
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In Microsoft’s Hometown of Redmond, WA, Just 22% of Homes Are Affordable to Its Own Engineers—The Company’s Affordable Housing Pledge Could Help Change That

In Microsoft’s Hometown of Redmond, WA, Just 22% of Homes Are Affordable to Its Own Engineers—The Company’s Affordable Housing Pledge Could Help Change That

Microsoft’s $500 million commitment to affordable housing could help ease the Seattle area’s affordability crisis and make way for more diverse communities.When Microsoft announced its $500 million commitment to affordable[...]
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