U.S. Home Prices up 5.4% in October

Low mortgage rates prop up homebuyer demand as inventory declines U.S. home-sale prices increased 5.4% year over year in October to a median of $313,200 across the 217 metros Redfin tracks. The increase was the largest since July 2018, although current strength may be overstated given the weakening housing market a year ago. Prices also
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All-Cash Offers Triple Homebuyer Odds of Winning a Bidding War

Even in a housing market where bidding wars are on the decline, three strategies significantly increase a competitive offer’s likelihood of success. When it comes to a bidding war, prospective homebuyers who offer all cash more than triple their odds of winning. That’s the most successful bidding-war strategy tracked by Redfin, and its success rate
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9 Tips for Selling Your Home During the Holidays

Believe it or not, the holiday season can be a great time to sell your home. You may think that spring is the ultimate season to sell your home due to more houses being listed and more people seem eager to buy. It’s true that the housing market typically heats up during the spring, however,
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Supermodel Rachel Hunter Relists Hollywood Hills Home for $3.5M

#celebs #realestate Luca Teuchmann/WireImage Model and actress Rachel Hunter’s stylish Los Angeles home has landed back on the market for $3.5 million. The New Zealand native had originally placed her English Country-style manor on the market in 2016 for $5 million. No buyer emerged, so the Hollywood Hills home was relisted in 2018 for a slightly

Nashville Predators Coach Peter Laviolette Selling $3.4M Florida Beach House

#celebs #realestate Bruce Kluckhohn/NHLI via Getty Images Nashville Predators coach Peter Laviolette is smack-dab in the middle of his sixth season as the team’s boss. The Preds have made the playoffs in each of his previous five seasons, and we imagine they’ll be in the thick of the hunt for the Stanley Cup again this

Ex-Laker Sasha Vujacic Lists Marvelous Manhattan Beach House for $3.8M

#celebs #realestate Rob Foldy/Getty Images Former Los Angeles Laker Sasha Vujacic is selling his slam dunk of a house in Manhattan Beach, CA, for $3.8 million. Remembered fondly by Laker fans as the man who drained the two clutch free throws to win the 2010 NBA Finals over the Boston Celtics, the guard hasn’t played

Russell Westbrook Lists His Larger Oklahoma Mansion for $1.7M

#celebs #realestate Tim Warner/Getty Images; realtor.com NBA All-Star Russell Westbrook has been dialing up multiple real estate plays off the court. He’s placed a third property on the market, this one in his longtime home of Edmond, OK. Now with the Houston Rockets, Westbrook is cutting ties with the Sooner State. The triple-double machine starred

If There’s a Recession, Will the Housing Market Crash?

Amid global tension, trade wars and general economic uncertainty, many people are wondering if and when a recession will hit, and how it could affect the U.S. housing market. Redfin agent Jessie Culbert Boucher sat down with Redfin chief economist Daryl Fairweather to ask questions about what’s going on in the U.S. economy, if there’s
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R Is for Reduction: Sue Grafton’s Montecito Mansion Gets a Price Cut

#celebs #realestate The Washington Post/Getty Images; realtor.com Sue Grafton, beloved author of best-selling mysteries, was known for weaving an intriguing tale. The late writer also managed to whip up an intriguing home. She and husband Steve Humphrey designed a beautiful mansion on a hill in Montecito, CA. It’s listed with a new price of $6,999,000,

Major California Luxury Markets Hit Troubling Milestones

Highlights Entry-level luxury prices reached $1.2 million, up 2.2 percent year-over-year Luxury sales declined 2.1 percent in August from the prior year, but are performing better than the historic sales decline seen in March. Only four of the 79 markets tracked by realtor.com experienced double-digit price growth in August, down from  19 markets a year