Days on Market in Real Estate: What It Means for Homebuyers and Sellers

Key takeaways Days on market (DOM) measures how long a home has been listed on the MLS without going under contract.  For homebuyers, a longer DOM may signal an opportunity to negotiate. For home sellers, a longer DOM may mean it’s time to reevaluate strategy. One way they can do it is through phase

No Surprise: Refi Demand Sapped by Rate Spike

Mortgage application activity declined for the second consecutive week as rising interest rates continued to weigh on demand. The Mortgage Bankers Association (MBA) reported a decrease of 10.5% on a seasonally adjusted basis for the week ending March 20. Both major components moved lower. The Refina

What Happens If You Need to Move Soon After Buying a Home?

Life doesn’t always follow a set timeline. A job relocation, shifting finances, or changes in your living situation can all make it necessary to move sooner than expected after buying a home. In this Redfin article, we’ll break down what to expect if you need to move shortly after purchasing, includ

What Should Be on Your Monthly Expenses List as a Homeowner? Here’s Everything to Include

Understanding your monthly spending is the first step to financial stability. For homeowners, costs like utilities, maintenance, and insurance can stack up quickly. Creating a clear expenses list helps you plan for both expected bills and the hidden costs of owning a home — so you can budget with co