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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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How much cash matters in a bidding war

Housing Wire

And a recent Redfin study confirmed that it’s the only sure-fire way to win that dream house in a market this crazy. And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of winning by 66%. You won’t win the bidding war.

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5 Tips for Making Your Best Offer

Keeping Current Matters

In today’s sellers’ market , standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. Speed and the pace of sales are contributing factors to today’s competitive housing market. In today’s market, that’s often not the case.

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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

The problem is, in today’s market there just aren’t that many homes available to purchase. Today’s market is dynamic and fast-paced. A skilled agent will do everything they can to help you stay on top of every possible opportunity. In today’s market, that’s often not the case. Brace for a Fast Pace. Bottom Line.

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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up Active listings—the count of all homes that were for sale at any time during a given month— dropped 20.7%

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5 Tips for Homebuyers Who Want to Make a Competitive Offer

Keeping Current Matters

Today’s real estate market has high buyer interest and low housing inventory. Listen to Your Real Estate Agent. A recent article from Freddie Mac offers guidance on making an offer on a home in today’s market. A recent article from Freddie Mac offers guidance on making an offer on a home in today’s market. Bottom Line.

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How to Make a Winning Offer on a Home

Keeping Current Matters

Today’s homebuyers are faced with a strong sellers’ market , which means there are a lot of active buyers competing for a relatively low number of available homes. offers and is on the market for just 21 days. These are both results of today’s competitive market, showing how important it is to stay agile and alert in your search.