Home sellers are trying to seal the deal with buyers through concessions rather than lower sale prices. Just under half (44.4%) of home sales in Q1 2025 included concessions given to buyers by sellers, according to a new analysis from Redfin. That’s an increase from 39.3% at the same time a year earlier, but still…
Donald Trump’s sweeping “Liberation Day” tariff decree sent shockwaves through Wall Street as analysts balked at the breadth and intensity of the move. Trump declared a national emergency and set a minimum of 10% tariffs on virtually all products from every country, with the “worst offenders” seeing even higher rates. China’s burden is now up…
Big, pricey metros are making a comeback as Americans bounce back to their pre-pandemic jobs and tastes. Eight of the 50 most populous U.S. cities saw an increase in the share of homes selling above their list price in February, according to new Redfin data. Half of the metros are in the Bay Area or New…
New home sales reversed an early-year slowdown in February as winter weather let up and rates softened. New home sales increased 1.8% on the month to a seasonally adjusted annual rate of 676,000, up from 664,000 the month prior, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development….
Buyers could be enticed back to the housing market in time for the spring buying season. That’s according to a new analysis from Zillow, which found that market conditions have rebounded in buyers’ favor over the course of the month. Rates are sitting at their lowest point since December 2024, while annual home value growth…
More Americans are stepping out for the early stages of home shopping as rates have cooled, but few are actually pulling the trigger. That’s according to a new analysis by Redfin, which found that while purchase applications and Google searches of “homes for sale” are up 10% on the month, home sales haven’t increased at…
Late May is the best time to maximize profits on a home sale as shoppers buckle down for a purchase before summer vacation. A new Zillow analysis found that homes listed in the last two weeks of May sold for 1.6% more. That puts $5,600 more bucks in a typical seller’s pocket. Historically, shoppers buckle…
After a surprise bump in December, new home sales took a turn last month thanks to persistent unaffordability and winter weather. New home sales slipped 10.5% on the month to a seasonally adjusted annual rate of 657,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Sales fell…
Prospective homebuyers are most interested in put-together homes that require few renovations in 2025. More than half of home shoppers said the condition of a home is the most important factor in their search, according to a new survey from Bright MLS based on responses from nearly 700 Americans. While 56% said a turn-key home…
More than a third of homeowners never plan to sell their house, citing the high cost of buying a new home as a major reason to stay put. That’s according to a new survey by Redfin. Respondents were overwhelmingly down on the idea of moving, with 34% saying they would never sell. An additional 27%…
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