Existing-Home Sales Flat Year Over Year Despite Inventory Gains

Existing-home sales edged slightly higher in April, stabilizing after March’s decline as improving affordability and increased inventory provided modest support for buyers. Sales increased 0.2% to a seasonally adjusted annual rate of 4.02 million , matching the pace seen one year ago. “Despite mixed

Purchase Activity Lifts Mortgage Applications Despite Higher Rates

Mortgage applications increased modestly last week, as stronger purchase activity more than offset a slight decline in refinances. The Mortgage Bankers Association (MBA) reported a 1.7% increase in total application volume on a seasonally adjusted basis for the week ending May 8. The gain was driven

What Happens When Homes Don’t Sell? What to Know About a “Stuck” Market

For many homeowners, the process of selling a house is filled with anticipation. However, when that Redfin “for sale” sign stays on the lawn longer than expected, the excitement can quickly turn into uncertainty. Across the country, many sellers are finding themselves in a shifting landscape where t

Balancing Wants vs. Needs in Your First Home

Buying your first home comes with a mix of excitement and pressure, especially when it comes to balancing wants vs needs in first home decisions. It’s easy to get drawn to stylish finishes and dream features, but the most successful buyers focus first on how a home functions day to day – and what th