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[...]
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[...]
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[...]
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[...]
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[...]