Expired real estate listings can be confusing and frustrating for everyone involved. For sellers, it can feel like a setback after a long and often emotional process, leaving them to wonder what went wrong. For buyers, an expired listing may seem like a unique opportunity, but it also raises a number of questions. What does it actually mean when a listing expires? Why didn’t the home sell in the first...
There are many types of residential buildings on the market, from single-family homes and townhomes to condos and co-ops. One of the lesser-known types is a Planned Unit Development (PUD). It’s common to confuse condos, townhomes, co-ops, and planned unit developments (PUDs) because they all look similar. In this Redfin article, we’ll define what a Planned Unit Development (PUD) is and why you might...
It can be a great feeling when you’ve finally found that dream home and made an offer that got accepted. You may have been searching for a while (and maybe even missed out on a few houses), so the sense of joy and relief is palpable when you finally get that offer accepted. But what happens after an offer is accepted on a house? Here, we will take you through that process to make sure getting an offer...
Key takeaways What does the highest and best offer in real estate mean? It’s a request from a seller with multiple offers, asking buyers to submit their most attractive bid, considering both price and terms, by a specific deadline. Highest and best vs. best and final offer? A “highest and best” offer allows for potential negotiation, while a “best and final” offer is a one-shot deal with no...
In real estate, sellers often assume that once they accept an offer, the deal is done. However, life happens, circumstances change, and sellers sometimes ask, “Can I back out of selling my house before closing?” While the short answer is maybe, the longer answer is far more nuanced. Backing out of a home sale after signing a contract can lead to legal, financial, and reputational consequences. So...
Here’s what buyers need to know about offer transparency and how to stay competitive in the...
Key Takeaways: Expect to sell for less than comparable homes. In most states, you must disclose termite history and show proof the issue is resolved. A transferable warranty or prepaid inspections can cost less than large price concessions. Can you sell a house with termite history? The short answer is: yes, you can sell a house with termite history. However, here are a few key points to keep in...
You’re ready to sell your home but feel hesitant to disclose even minor issues, worried they might turn buyers away. However, withholding these details could lead to legal complications down the line. So what do you have to disclose when selling a house? The rules vary from state to state, and sometimes even from city to city. Still, there are some basics: be upfront about any problems your property...
A $133 million Florida compound is the highest-priced sale so far this year Coastal Florida takes the cake for the most expensive home sale of 2025 so far, with a beachfront compound in Naples going for $133 million. It’s followed by two Los Angeles estates, each fetching $110 million. Every home on this year’s top 10 list has sold for more than $55 million, with Florida and California dominating....
If you’re exploring mortgage options, you’ve likely come across the term adjustable-rate mortgage – also called an ARM loan or ARM mortgage. But what exactly is an adjustable-rate mortgage, and how does it work? Whether you’re browsing homes for sale in Denver, CO or planning to make an offer on a home in Miami, FL, knowing how an ARM works can help you choose the best financing option for your...
Compare listings
Compare