For many future homebuyers, the hardest part of purchasing a home isn’t finding the right place, it’s saving up for a down payment and closing costs. Down payment assistance programs can help renters become homeowners sooner by covering part or all of these upfront costs. In this Redfin article, we’ll cover 10 pros and cons of down payment assistance. Whether you’re looking to buy a home in...
Key takeaways A second mortgage lets you tap into your home equity while keeping your original mortgage in place. Two common types are home equity loans and HELOCs. It can provide needed cash for major expenses, but it also carries risks – including the potential for foreclosure. When you already own a home, you may have the option to borrow against its value through a second mortgage. This type of...
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Heat waves continue to affect most of the U.S. this summer. Here's how you can protect your HVAC system during the heat and conserve energy...
Detroit’s housing market is somewhat competitive. In July 2025, the median sale price was $105,000, and homes sold in around 42 days. The sale‑to‑list price ratio was 96.4%, with 28% of homes selling above list and 27.3% seeing price drops. Detroit’s median sale price was 74% lower than the national average. Below are the metro’s 50 newest listings. Latest Detroit listings 11009...
When you own or are buying a home, you’ll encounter assessed value and market value. While they both measure what your home is worth, they’re used for very different purposes. Assessed value: The value your local government assigns to your home for tax purposes. Market value: The price a buyer would realistically pay for your home in the current real estate market. This Redfin real estate article...
Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right...
Zellige tile is a centuries-old material that's having a modern-day...
Here’s how to get money for spoiled groceries when the food in your refrigerator is compromised during a power...
Heat waves continue to affect most of the U.S. this summer. Here's how you can protect your HVAC system during the heat and conserve energy...
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