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Luxury real estate prices hit an all-time record, Redfin says

Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin.

New yorkUnited statesDavid palmerMiller samuelRedfin corpReal estateSan franciscoNew york cityBusiness news

A hidden cost of homeownership is driving up costs — and approaching crisis levels

Homeowners across the country are facing an insurance crisis — and it’s driving up housing costs.

Daryl fairweatherRedfin corpOrlando businessRedfin chief economist daryl fairweatherOrlando business journalInsurance premiumsHannel 9 eyewitness newsInsurance crisisInsurance companyHousing costsEdfin corp

US Mortgage Rates Surge to Highest Since November, Hitting 7 1%

US Mortgage Rates Surge to Highest Since November, Hitting 7 1%
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Jiayi xuFreddie macJerome powellSam khaterNational association of realtorsFederal reserveRedfin corpNational associationReserve chair jerome powell

Here are three signs it might be time to refinance your mortgage

Mortgage refinance activity plummeted to record lows in 2023 after interest rate hikes. Here are three signs to help you decide when refinancing makes sense.

Jeff ostrowskiFederal reserveUnited statesRedfin corpInvestment strategyPersonal financeReal estateInterest ratesBreaking news investingBusiness news

Why new build homes can lead to a property tax surprise

Newly built homes often come with a buffet of perks from the building company. However, first-time owners often face a property tax shock after the first year.

Melissa cohnWilliam raveisPersonal financeReal estateTax planningRedfin corpNew yorkUnited statesEconomic eventsBusiness news

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