Housing Inventory Up 5% in November—Fastest Growth in 3 Years—as Sales Decline 8%

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Prices post sub-4% growth for third consecutive month Balance of supply and demand is shifting toward homebuyers’ favor in markets like San Francisco, Seattle, Denver, Dallas, and Portland, Oregon U.S. home-sale prices increased 3.3 percent in November compared to a year ago, to a median of $298,800. November marked the third straight month of annual home price gains under 4 … Read More

How to create the ultimate smart home ecosystem

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The smart home used to be the stuff of science fiction. Moviegoers watched as Tony Stark controlled his mansion with nothing more than his voice, or wished they could have the type of technology that made Batman’s life so amazing. These days, you don’t have to be a billionaire business owner or an eccentric crime fighter to create the ultimate … Read More

Redfin Welcomes Aaron Noe as National Head of Renovations

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Former American Homes 4 Rent Executive Will Help Grow RedfinNow Business We’re thrilled to announce Aaron Noe has joined the company as national head of renovations for RedfinNow . RedfinNow buys homes directly from homeowners giving them a way to sell their home quickly with more certainty and less stress. RedfinNow then makes necessary repairs and resells the homes. Prior … Read More

Redfin’s Scholarship Winner Examines Gen Z and Millennials Impact on the Real Estate Industry

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The Redfin Scholarship is a way for Redfin to help students on their journey through higher education. The scholarship application period occurs twice yearly with awards given to a student in both the spring and fall. Here is the student essay that won the 2018 spring scholarship. Congrats Lauren LaCasse! Essay Prompt: How do you think Gen Z and Millennials are changing … Read More

A Typical Boston Homebuyer’s Monthly Housing Costs Jumped $225 Thanks to This Year’s Mortgage Rate Hikes

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Similar increases are common in many other markets, leading buyers to ask: “Should I wait and see if prices fall or buy before mortgage rates go up even more?” If you’re currently searching for a home to buy, or thinking about buying sometime soon, mortgage interest rates are probably on your mind. The rate hikes and home price growth over … Read More

Housing Inventory Crunch Finally Subsides as Supply Posts First Annual Gain in Nearly Three Years

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September Home Sales Slump, Prices Post Smallest Increase Since the Market Bottomed in 2012 U.S. home-sale prices increased just 2.1 percent in September compared to a year ago, to a median of $292,000 across the 171 metros Redfin tracks. This was the smallest increase in home prices we’ve seen since February 2012, when the median home price bottomed out at … Read More

Pay Off Your Mortgage Early: Easy Tricks Anyone Can Use

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There are two ways to own your home. Either you can pay cash upfront or you can pay little by little, year after year. For most us, monthly mortgage payments are the most feasible option. While we continue to chip away paying off our homes, some of us may wonder how we can speed up the process. Whatever your reason … Read More

Spring’s Fastest Markets are Slowing Down this Fall

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Seattle, San Jose and Denver—among the nation’s fastest housing markets—are seeing a dramatic slowdown, with as little as one in three homes going under contract within 14 days, down from two in three earlier this year. As the housing market heated up this spring there were fourteen metro areas around the country (see chart below) where half or more of … Read More

These are the 10 Best Cities for Pumpkin Spice Lattes

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Fall is officially here, and that means it’s time to indulge in your favorite latte: pumpkin spice. Infused with traditional and modern flavors, every coffee shop adds its own twist on the PSL – but we’ve done some sleuthing and uncovered the 10 best cities for pumpkin spice lattes across the entire United States. Although pumpkin spice latte is most … Read More