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Nearly half of home sellers are offering concessions

Housing Wire

home sellers offered concessions to buyers in near-record numbers during the first quarter of 2025 as rising housing costs , high mortgage rates and growing economic uncertainty continued to reshape the real estate landscape. According to a new report from Redfin , 44.4% a year ago and close to the record figure of 45.1%

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The 11 do’s and don’ts of buying a new build

Housing Wire

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. Many builders offer incentives or are open to negotiating closing costs, lot premiums and other expenses.

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New Construction vs. Existing Home: Which Is Better to Buy?

Redfin

The decision between new construction and an existing home can be a difficult one for both first-time buyers and seasoned property owners alike. Key takeaways New construction homes pros include modern design, energy efficiency, lower maintenance, and customizable options. What is a new construction home?

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New Home Sales Boom Defying Expectations in a Bumpy Economy

Marco Santarelli

Let's dive into the details and understand why this is happening, and what it means for you, whether you're a buyer, seller, or just curious about the new construction home market. New Home Sales Boom Defying Expectations in a Bumpy Economy A Surprising Surge in Sales The numbers don't lie.

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Spring Housing Market 2025: What Buyers and Sellers Can Expect

Redfin

High rates, high prices, and high stakes Mortgage rates are stubbornly high, hovering around 7% for a 30-year fixed loan. Home sellers have record equity in their homes and cheap mortgages , Fairweather noted. But many buyers cant afford to buy with these high mortgage rates and record-high housing costs.

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Is it Cheaper to Buy or Build a House?

Redfin

Unexpected expenses: Unforeseen challenges, such as discovering hidden underground utilities, can lead to additional costs. Financing and closing costs: If you’re financing the land purchase or construction, anticipate paying 2% to 5% of the loan amount in closing costs. is $419,200. through 2025.

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Homebuying Strategies in Uncertain Times: Expert Q&A

The Mortgage Report

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Julianelle shared his thoughts and insights in a Q&A with The Mortgage Reports.