Spring and summer bring more homebuying options but also increased competition. To improve your chances in a hot market, have mortgage preapproval ready and work with a knowledgeable agent. Understand the market, property, and seller priorities to tailor your offer. Sweeten your bid by increasing earnest money deposits, adding escalation clauses, or offering concessions like paying certain fees or buying...
U.S. home prices rose just 0.1% month-over-month and 1.9% year-over-year in February, reflecting a cooling market with more sellers than buyers. Buyers had negotiating power, often securing discounts amid limited competition. Mortgage rates hovered around 6%, affecting affordability. Price changes varied locally, with declines in some metros and gains in others. The market favors informed buyers and...
Home sales in Southern California and statewide rose in February due to slightly better mortgage rates, with California's existing single-family home sales up 7% from January but down 0.3% from last year. Median home prices increased 0.9% statewide to $830,370. Prices varied by region, with some areas seeing declines. Mortgage rates recently hit a seven-month high, potentially affecting buyer...
Slide 1 April 12–18 is the best week to sell a home. Slide 2 Sellers may earn $26,000 more than at year’s start. Slide 3 Homes sell faster with fewer price cuts during this window. Slide 4 Tech and coastal markets should list earlier in March. Slide 5 Midwest and Northeast markets align with the mid-April peak....
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