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...
2025
Key takeaways Not all offers are equal — know what to question before you accept. Weak deposits, excessive contingencies, or poor financing can derail your sale. A Redfin real estate agent can help you evaluate buyer strength and avoid risky deals. Selling your home should be exciting, not stressful. But not all offers are created equal. According to the National Association of Realtors, 11% of home...
Key Takeaway: Selling a mobile home successfully in 2025 requires proper pricing based on current market conditions, completing essential repairs (roofing, electrical, sub-flooring, A/C, and plumbing), and understanding the unique legal requirements for transferring ownership of mobile homes. Here’s how to sell a mobile home. How to sell a mobile home Manufactured homes can be more...
Waiting for the perfect buyer to fall in love with your house? In today’s market, that’s usually not what’s holding things up. And here’s...
Key takeaways: A letter to a seller of a home can help your offer stand out in a competitive market. Focus on genuine connection and financial readiness, but avoid personal details that raise Fair Housing concerns. Use clear, professional wording, and keep your letter short and focused. Buying a home is still competitive, even if not as frenzied as during the pandemic’s peak. A common misconception is...
Key takeaways About 29% of homes sold above list price in July 2025, showing that multiple offers on a house are still common in competitive markets. Seller supply is up 34% compared to buyers, reducing bidding wars in some markets. In high-demand regions, bidding wars remain fierce, with homes sometimes selling hundreds of thousands over asking. Sellers can spark competition with smart pricing,...
Quick answer: In real estate, days on market (DOM) is the number of days a property is listed for sale before going under contract. A home sitting more than 30 days in a hot market — or 60-plus days in a slower one — may raise buyer questions but also signal negotiation opportunities. DOM is calculated by counting the days from the first MLS listing date until an accepted offer. Key takeaways The...
Jacksonville’s housing market is somewhat competitive. Homes in Jacksonville receive 1 offer on average and sell in around 69 days. In July 2025, the median sale price was $303,000 (down 2.3% year over year) and the median sale price per square foot was $184 (up 0.3% year over year). Redfin Compete Score: 40 (Somewhat Competitive). Typical homes sell about 3% below list and go pending in ~67 days; hot...
San Francisco’s housing market is very competitive. Homes in San Francisco receive 4 offers on average and sell in around 29 days. In July 2025, the median sale price was $1,425,000 (up 1.8% year over year) and the median sale price per square foot was $912 (down 5.9% year over year). Redfin Compete Score: 77 (Very Competitive). Average homes sell about 6% above list and go pending in ~27 days; hot homes...
When you make an offer on a home, you’ll usually include earnest money – a good-faith deposit between 1% to 3% of the purchase price that shows you’re committed to the purchase. If the sale goes through, it’s applied to your down payment or closing costs. But what happens if the deal falls apart – is earnest money refundable? Short answer: Yes, earnest money can be refunded, but only if...