Buying a home isn’t just about having a place to live; it’s one of the most reliable ways to build long-term wealth. While renting can offer flexibility, owning a home lets you build equity, benefit from potential appreciation, and access valuable tax advantages. Over the years, increasing equity and financial stability can turn your home into a valuable long-term asset. In this Redfin article, we’ll...
If you’re a homeowner with substantial equity in your property but don’t want to take on more monthly payments or a traditional loan, a home equity agreement (HEA) may be worth considering. An HEA lets you access cash from your home’s equity without debt or monthly payments, but you give up a share of future value. Typically, it’s best for homeowners needing cash without a loan, as opposed to a...
If you have ever toured a home and noticed that the kitchen, dining, and living areas flow together without walls separating them, you have experienced an open floor plan. This popular layout has become a hallmark of modern living, offering a sense of spaciousness and flexibility that traditional home designs often lack. Whether you are planning to buy, build, or remodel a home in Mineral, VA or...
If you’re looking for a new home, open houses can assist in your search—even if you don’t like the properties you visit. Here are five steps to take so that you benefit from your time spent. Visit Different Kinds of Properties Do you like the layouts of ranch homes or townhouses better? Will an open floor plan fit with your lifestyle? Seeing a home’s style and features in person can inform what you...
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...
If you’re selling your home, unexpected fees like a special assessment can come up at the closing table. A special assessment is an extra charge levied by a homeowners association (HOA) or local government for specific projects, such as repairing a roof, resurfacing roads, or upgrading community amenities. Typically, the seller pays any assessments that are due or approved before closing, while the buyer...
When selling a home, it’s not uncommon for buyers to ask for more time before closing. This request to extend the closing date can leave sellers wondering what it means for their timeline, their plans, and sometimes even their bottom line. Understanding how to respond is key to keeping your sale on track. Whether you’re selling a home in Denver, CO, San Francisco, CA, or Atlanta, GA, this Redfin guide...
Buying a home is one of the most meaningful and complex decisions a family can make. Beyond square footage and price, the right home supports your lifestyle, nurtures your family’s routines, and grows with you over time. From choosing a kid-friendly neighborhood to staging your current home for sale and easing the transition for little ones, every step matters. With insight from Nina Spears, CEO and...
A few years ago, inventory hit a record low. Just about anything sold – and fast. But now, there are far more homes on the...
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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