Redfin Survey: Just 6% of Homebuyers Would Cancel Plans to Buy if Mortgage Rates Surpassed 5%

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A late-2017 Redfin-commissioned survey of more than 4,000 people who bought or sold a home last year, attempted to do so, or planned to do so soon revealed the following key findings related to the housing market and the economy: Only 6% of homebuyers said they would cancel their plans if mortgage rates surpassed 5%. The tax reform debate may … Read More

Redfin Data Helps Fuel Wealthfront’s Home Buying Guide

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Whether you’re thinking about buying your first home or upgrading to something different based on life changes, there can be a lot of unknowns. For some it’s hard to know when and how to start the planning process. For others who are closer to purchase, they might be wondering the impact of buying a home on their other important goals, … Read More

The State of the Union: What Role Does Housing Play?

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The U.S. enjoyed the strongest housing market in a decade last year. But in a speech full of economic accolades, President Trump missed an opportunity for a pat on the back. Housing was not mentioned once in his first State of the Union address. Here are three ways housing helped the economy last year: 1. Unprecedented wealth for homeowners Homeowners … Read More

4 Surprising Things That May Increase How Much Your Home Is Worth

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For most Americans, their home is their most important financial asset. But in the past, homeowners only knew how much it was worth when they bought or sold their home. Zillow was founded to democratize this sort of information – starting with the Zestimate , Zillow’s estimated market valuation tool. To understand how much your home is worth, it’s important … Read More

Amazon: Here’s Where Seattleites Are Already Looking to Move

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Today, Amazon announced the 20 finalist cities vying to host a second headquarters for the tech giant. Wherever HQ2 splashes down, the highly paid tech workers it will transplant and attract are likely to make waves in the local housing market. Amazon’s move is going to add momentum to a trend we expect to intensify in 2018 in which people … Read More

SB-827: a Win for Affordability or Just a California Dream?

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If you’ve ever lived in one of California’s major cities without a car, you may have noticed that life on local public transportation isn’t all that convenient. Add in the competition and added expense of finding housing along an already limited transit system, and you’ve got a pretty good argument for moving to the suburbs. However, Californians seeking an urban … Read More

The Most Popular Fitness Trends in All 50 States 

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Americans are pretty passionate about staying fit, but trends take their time working their way across the country. Whether we’re sweating through a one-hour Orangetheory workout, learning Israeli hand-to-hand combat by way of Krav Maga or pedaling away hundreds of calories at SoulCycle, Americans in different states tackle fitness in some really creative – and sometimes off-the-wall (literally) – ways. … Read More

Redfin Housing Demand Index Fell 6.2% from October to November

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The Redfin Housing Demand Index fell 6.2 percent from 136 in October to 127 in November. The Demand Index is based on thousands of Redfin customers requesting home tours and writing offers. The seasonally adjusted number of buyers requesting home tours fell slightly by 1.9 percent, while the number making offers fell 14.7 percent. “Three years of low inventory is … Read More

14 Million Households Plan to Give Their Homes to Family

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Americans are moving less than ever, according to Zillow’s analysis of the U.S. Census Bureau’s Current Population Survey. Just 4.2 percent of American homeowners moved between 2015 and 2016 – which is almost half the 7.7 percent rate reported in 1990. According to the Zillow Group Consumer Housing Trends Report 2017 , 86 percent of all American homeowners – defined … Read More

Landlords Just Got a Big Tax Break

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Through a late provision added to the GOP tax plan last weekend, real estate investors may be on course for a multimillion-dollar tax break. The change would allow real estate investors to take advantage of a new break that provides a 20 percent deduction on taxable income for pass-through companies. A pass-through is a special type of corporate structure, popular … Read More