A record shortage of homes for sale drove prices up on a monthly and annual basis. U.S. home-sale prices increased 6.9% year over year in December to a median of $312,500 across the 217 metros Redfin tracks. Home prices were also up 1.1% month over month on a seasonally-adjusted basis, the largest increase since February 2018. “Low mortgage rates and … Read More
9 Cost-Efficient Ways to Heat Your Home This Winter
While winter brings the holidays, sweaters and scarves, and cozy nights curled up by the fire, this blustery season also brings higher heating costs. Want to know the cheapest way to heat a home and how to make it as energy-efficient as possible? We’ve collected the 9 best ways to keep your home warm without breaking the bank. 1. Adjust … Read More
5 Tips for Buying a House with Student Loans
The thought of buying a house with student loans can be daunting, but that doesn’t mean it’s impossible. With a proper strategy in place, and the willingness to do whatever it takes to save for a home, you could be well on your way to pursuing the purchase of your first home. Do Student Loans Affect Buying a Home? Sadly … Read More
Home Prices Increased 5% in November Amid Rapid Decline in Number of Homes For Sale
Number of new listings fell 5.9% annually as sales increased 3% U.S. home-sale prices increased 5.2% year over year in November to a median of $311,600 across the 217 metros Redfin tracks. The increase was the largest since July 2018, when home prices were up 5.6% from a year earlier. Home prices were flat between October and November, which is … Read More
9 Great Ideas on Creating the Ultimate Cozy Home Interior – Hygge Life
Winter is coming, and for many of us, that means snow, ice, and freezing rain are just up the road where they’re sure to make driving more stressful and prevent you from enjoying the great outdoors. The snowy landscapes of places like the Twin Cities or Oregon can be beautiful. But, sometimes, they are best enjoyed from a cozy vantage … Read More
Introducing Redfin’s Job Opportunity Tool
Today we are launching the Redfin Job Opportunity Tool as part of the latest sprint for the U.S. Census Bureau’s Opportunity Project . This tool was designed to help the millions of Americans looking to relocate each year, as well as businesses deciding where to open offices. Using detailed data from the Bureau of Labor Statistics on wages by occupation … Read More
Essential Home Safety Tips for the Holiday Season
The smell of freshly baked cookies and the sight of twinkling lights throughout your neighborhood can only mean one thing – the holiday season is here. Decorating your home, opening stockings by the fire, lighting the menorah, or toasting to the New Year with friends and family are festivities many people look forward to every year. While there is plenty … Read More
12 Walkable Cities Where You Can Live Affordably
It should come as no surprise that living in walkable cities and neighborhoods benefits our health, the environment, our communities, and wallets. However, with rents skyrocketing in many parts of the country, it can often be difficult to find somewhere to live that is both affordable and walkable. In the face of this dilemma, we decided to find out where … Read More
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 rose 1.4% between September and … Read More
Income Gains and Rent Increases Follow Rail Transit
Racial diversity in neighborhoods with train stations remained high even decades after rail transit came to Atlanta and Los Angeles. Improving transit access to a neighborhood does not lead to a significant decrease in minority populations, even as incomes and rents rise faster than similar neighborhoods without convenient transit. When a new rail transit stop is opened, long-term economic gains … Read More