News and Views

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 confidence. In this Redfin article, we […]

Building a house gives you the opportunity to design a home that fits your lifestyle, from the floor plan to the finishes. But before starting, it’s important to understand the full cost of building a home. The average cost to build a house in the U.S. is about $323,077, though most homeowners spend between $138,937

Key takeaways Your mortgage isn’t the only cost— taxes, insurance, and maintenance can add up. Be prepared for ongoing expenses like property taxes and homeowners insurance. Set aside money each year for repairs and maintenance. Don’t forget about utilities, HOA fees, and upfront costs like closing fees. Budgeting for these expenses now can save you

Key takeaways Watch out for red flags. Cracked walls or foundation, strong odors, and roofing issues are red flags buyers most commonly overlook, according to Redfin agents. Go all in on a home you love. Waiving contingencies and putting down an all-cash offer can make your offer more competitive, but they also come with added

Key takeaways Polish up your home inside and out. Homebuyers expect a clean, organized, well-maintained home when they tour, according to Redfin agents.  Invest in desirable upgrades to attract higher offers. A kitchen renovation, a new roof, and a bathroom remodel are the most-desired major upgrades—but they’re costly. Make your home move-in ready. Buyers are

Key takeaways: It’s a good time to sell your house if you price correctly and are open to negotiation.  Mortgage rates have climbed to six-month highs as economic uncertainty tied to the war in Iran pushes inflation concerns higher There are far more home sellers than buyers, tipping the scales toward buyers—but sellers can still

Key takeaways: If you have the means, now may be a good time to buy a house. Mortgage rates have jumped up to six-month highs due to economic pressures stemming from the Iran War. It’s a buyer’s market—there are 630,000 more home sellers than buyers—giving homebuyers leverage. Most consumers are wary due to record-high house

If you plan to use a power of attorney for a real estate closing, preparation is key. From making sure the document is legally valid under your state’s laws to coordinating with your title company and choosing the right agent, a few proactive steps can prevent delays. Here are three essential tips every seller should

Key takeaways Most homebuying assistance programs are offered locally through state Housing Finance Agencies (HFAs), cities, counties, and nonprofits. Many programs labeled as “grants” are actually forgivable loans or deferred second mortgages with conditions. Programs are typically based on income, household size, and first-time homebuyer status Buying a home on one income can feel overwhelming,