You’ve been house hunting for weeks, possibly months, and now you’ve finally found a beautiful home that would be just perfect for your family. Already familiar with how to make an offer on a house, you submit what you believe is a competitive offer and anxiously wait for a response. After all, this could mean

Key takeaways for the 4-week period ending August 23: New listings of homes for sale were up 4% from a year ago—the largest increase since the four-week period ending March 15—but active listings continued to fall, down 28% from 2019. Pending home sales rose 20% year over year, even while continuing their near-term seasonal descent.

After lots of thought and consideration, you’ve started to look for a new place to call home. As you spend time searching the housing market, you’ll need to know what your current home is worth. Knowing how to determine your home’s value will not only help you decide whether you should sell your home, but

So, you’ve been thinking about jumping into the housing market and buying your first home. You’ve already played around with an online mortgage payment calculator to get a range of how much mortgage you can afford and now you’re just wondering how you can save up for a downpayment as quickly as you can. Knowing

The coronavirus pandemic is exacerbating the trend of moving from expensive coastal areas like San Francisco and New York to affordable inland places like Sacramento, Phoenix and Las Vegas. Portland, OR is also one of the most popular destinations in July after falling off the list in the second quarter. Of all Redfin.com users, 27.8%

San Francisco has seen a greater increase in price drops than any other U.S. metro, with the share of sellers slashing prices more than doubling from a year ago as the pandemic drives homebuyers out of the Bay Area. A quarter (24.5%) of San Francisco-area home sellers cut their list prices during the four weeks

But prices of small homes were up 8.1% year over year in July, compared with 6.7% for large homes, reflecting the continuing importance of affordability for homebuyers. The typical home that sold in the four weeks ending August 16 was 3.7% larger (1,772 square feet) than the typical home that sold a year earlier. Compare

A savvy homebuyer will schedule a home inspection for any home they’re serious about buying. After all, who wants to find out after moving into their dream home that the furnace is on the fritz or that termites have taken up residence in the attic? In case you’re thinking of waiving the home inspection contingency,

Key takeaways for the 4-week period ending August 16: Median home sale prices climbed further to a new all-time high of $316,375, an increase of 11% from 2019 and the largest year-over-year gain since early 2014. Pending home sales were up 15% year over year, and are showing signs of a more typical seasonal decline.

A surge in homebuilding before the pandemic is now driving growth in new-home sales. A shift to the suburbs and record-low mortgage rates are also contributing factors. Sales of newly-built homes climbed 10.1% year over year in July, recovering to pre-pandemic levels, while sales of existing homes rose just 5.3%. Meanwhile, the supply of new-construction