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This Was 2025’s Most Popular Home on Redfin—And It Sold $740K Over Asking

Competitively priced houses in desirable neighborhoods topped the most popular homes on Redfin last year A remodeled 5-bedroom, 3.5-bathroom Spanish-style house in Silicon Valley was the most popular home on Redfin.com in 2025. It was viewed nearly 35,000 times in the single day it was on the market before going under contract for $5.6 million—$740,000 […]

This Was 2025’s Most Popular Home on Redfin—And It Sold $740K Over Asking Read More »

Pending Home Sales Drop to Lowest Level on Record Aside From Start of Pandemic

Pending sales fell 6% in December—the largest seasonally adjusted decline since 2022—amid stubbornly high housing costs and economic uncertainty. The typical home that did sell spent 60 days on the market, the slowest December pace in a decade. The supply of homes for sale fell the most since 2023 as sellers retreated amid sluggish demand.

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Monthly Housing Costs Start the Year Down 5%, the Biggest Decline in Over a Year

House hunters are getting some relief as mortgage rates dip. The median U.S. monthly housing payment dipped to $2,413 during the four weeks ending January 11, near the lowest level in two years and down 5.5% from a year earlier. That’s the biggest decline since October 2024.  Housing payments are coming down because mortgage rates

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Coastal Florida Dominates December’s Priciest Home Sales, Led By a $101M Miami Estate

Three beachfront Florida homes made it onto Redfin’s ranking of the 10 most expensive sales of the whole year.  A 5-acre compound in coastal Miami known as the Banyan Ridge Estate sold for $101.5 million last month, making it the most expensive U.S. home sale of December and the fourth most expensive sale of 2025. 

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Trump’s Mortgage Bond Order Pushes Rates Below 6% For First Time in Nearly 3 Years, Boosting Purchasing Power

Purchasing power has increased $30,000 in the last six months, with rates falling below 6% the day after President Trump ordered a $200 billion mortgage bond purchase.  The daily average mortgage rate dropped to 5.99% on January 9, the lowest level in nearly three years, in the wake of President Trump’s order for the government

Trump’s Mortgage Bond Order Pushes Rates Below 6% For First Time in Nearly 3 Years, Boosting Purchasing Power Read More »

Housing Payments Drop to Lowest Level in 2 Years As Mortgage Rates Decline

Despite lower monthly mortgage payments, a holiday hangover is muting homebuying demand.  The median U.S. monthly housing payment fell to $2,365 during the four weeks ending January 4, down 4.7% from a year earlier and the lowest level since the start of 2024.  Monthly payments fell largely because the weekly average mortgage rate dropped to

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