This property is fascinating, especially when you dig into the history a little bit more of Captain Franz, who used to live on the land. A pretty massive house, a vineyard, and 4.76 acres!
https://www.redfin.com/CA/Calistoga/8300-Franz-Valley-School-Rd-94515/home/21677024
According to a Redfin-commissioned survey, homeowners reported greater sense of satisfaction and belonging in their home compared to renters.
“For many homeowners, a home is more than a place to sleep and store belongings—it’s a reflection of who they are,” said Redfin Principal Economist Sheharyar Bokhari. “Homeownership can help people put down roots, build relationships and create a space that feels uniquely their own. Those emotional benefits are a big reason why owning a home remains a cornerstone of the American Dream."
How would you answer the survey questions? If you're a renter, do you still feel a sense of belonging in your home and neighborhood?
This place just looks so peaceful and the separate garage is so perfect for tons of home projects. Plus it’s on 63 acres of land just outside Nashville!
https://www.redfin.com/TN/Nashville/5304-Old-Hickory-Blvd-37218/home/108024706
Redfin data shows that 19% of house hunters looked to move to a different metro area in the first quarter. With housing costs remaining high, many Americans are expanding their home search in pursuit of affordability, lifestyle, and job opportunities. Florida metros, Las Vegas, and Phoenix are seeing some of the strongest interest from movers, while New York, Seattle, and Los Angeles top the list of metros people are leaving.
If you could relocate anywhere in the U.S., where would you go and why?
I particularly love the gazebo with this home! Would you live here?
https://www.redfin.com/NJ/Parsippany/60-Park-Rd-07054/home/37281632
According to a new report from Redfin, new listings have dropped 1.7% week-over-week to their lowest level since February as the spring housing market comes to an end. Between cooling buyer demand and high mortgage rates, many homeowners are hesitant to sell.
With the spring housing market ending on a quieter note, how are things looking in your neighborhood?
Between the 2.65 acres of land and the beautiful bones of this house, I think this seems like a pretty good deal. You’re close enough to West Des Moines for any city events but far enough away if you want to get a little extra peace and quiet. What do you think?
https://www.redfin.com/IA/West-Des-Moines/1405-S-Deer-Rd-50266/home/118282200
According to this new Redfin report, NYC suburbs and the Bay Area are the most competitive housing markets this spring. Newark, San Francisco, San Jose, and Nassau County are where more than half of homes are selling above asking price. This is pretty different from the rest of the country, where only about one-quarter of homes are selling above asking price.
What factors do you think are making these the most competitive housing markets right now? Are there any cities or regions you would add to this list based on what you're seeing locally?
I just know life here would be so peaceful. I could definitely see myself living here year-round.
https://www.redfin.com/CA/Tahoma/7287-5th-Ave-96142/home/167278185
Gorgeous views and extreme privacy. If you’ve ever wanted to own your unique home with Oregon nature, this one is perfect. Would you live here?
https://www.redfin.com/OR/Jacksonville/1528-Morton-Way-97530/home/174490406
According to a new Redfin report, The Federal Reserve kept its benchmark interest rate steady at 3.5% to 3.75% during its first meeting under new Chair Kevin Warsh, according Redfin’s new report. With inflation hitting 4.2% in May, the Fed confirmed that any anticipated rate cuts are officially on hold for the rest of the year.
Warsh also announced the Fed will scale back its forward guidance. Instead of hinting at future rate moves in advance, the central bank will decide its actions meeting by meeting. This means that mortgage and bond markets will have to react directly to new economic data without any early warnings from the Fed.
With rate cuts off the table and the Fed becoming less predictable, how do you think this will impact borrowing costs over the next few months?
This gorgeous cabin is just down the road from my favorite Washington ski resort. I’d love to escape from the city to enjoy some peace and quiet here.
https://www.redfin.com/WA/Skykomish/76114-NE-122nd-St-98288/home/499103
This is a pivotal week for the housing market with Warsh's first Fed meeting and the potential reopening of the Strait of Hormuz.
Redfin news reports that while oil flowing through the Strait of Hormuz again could eventually cool down inflation, the uncertainty has the bond market on edge. For now, mortgage rates are holding steady in the mid-6% range, but Warsh's debut press conference could disrupt that stability.
Do you think a reopened Strait of Hormuz will ease inflation quickly enough to give home buyers rate relief this year?
It’s got the charm of an older build but the comfort of a newer home. And what a great backyard!
https://www.redfin.com/OH/Columbus/234-W-Campus-View-Blvd-43235/home/193878637
According to a new Redfin report, pending home sales fell 0.6% week over week and have now declined for four straight weeks. Meanwhile, the national median home sale price reached a record $400,894, the first time the typical U.S. home has topped $400,000.
High housing costs continue to be a challenge for buyers, with the typical monthly payment sitting at $2,619.
If you're house hunting or selling right now, does your local market feel busy or relatively quiet?
A new analysis found that just 10% of U.S. housing is within a half mile of frequent transit service. More homes are being built near bus and rail lines, but for most Americans, easy access to public transportation is still the exception rather than the norm.
What does transit access look like where you live?
32k square feet on 38.25 acres is insane, but the house is going to need some additional work before it's livable. The attached photos are renderings of what it can look like when done. I think $5M for solid bones is a pretty good deal for the land and house if you have the cash to sink into finishing the build. What do you think?
https://www.redfin.com/MD/Glenelg/15125-Devlin-Dr-21737/home/194557376
If you've already bought a home, what's one piece of advice you wish every first-time homebuyer knew?
If you're hoping to buy your first home someday, what's the part of the process you have the most questions about?
On paper, the housing market looked strong in May, with closed home sales jumping 2.8% month over month to their highest level since late 2022, according to a recent Redfin report. However, those sales largely reflect contracts that were signed in April, when mortgage rates were lower.
By May, rates had climbed again and economic uncertainty had increased. Pending home sales, which reflect more recent buyer activity, were essentially flat, increasing just 0.1% month over month.
What are you seeing in your area? Are homes still going under contract quickly, or does buyer demand seem to be cooling?
And the lake in question is Big Bear in California! I think all the wood and that stone fireplace make this place so cozy. Thoughts about this place?
https://www.redfin.com/CA/Big-Bear-Lake/202-Eagle-Dr-92315/home/3509547