The average luxury home sold for $1.6 million last quarter, according to Redfin research. Click to see the most expensive sales and which cities fared best.
Mortgage rates were down this week, averaging 4.09 percent for a 30-year, fixed-rate loan, down from 4.12 percent last week. Last year at this time, the rate was 3.81 percent, according to Freddie Mac. What’s going on? Immediately after Donald Trump’s unexpected victory in the presidential election, mortgage rates jumped, with the 30-year fixed climbing
Mortgage Rates Are Back Down: Why They’ll Stay Low Read More »
A fast-paced December housing market, along with a lack of new listings, led to historically low inventory and rising home prices
Housing Supply Hit a Three-Year Low in December as Home Prices Continued to Climb Read More »
If 2017 is your year to buy your first home, here are seven financial resolutions you should resolve to keep in the new year!
2017 Real Estate Resolutions for First-time Homebuyers Read More »
Homebuyers may look for less expensive homes as rates rise, but Redfin agents caution not to worry
Nationally, homebuyers toured fewer homes and wrote fewer offers last month, as the Redfin Housing Demand Index dropped 7.3 percent.
