Remove Banks Remove Closing Remove Construction Remove Rent back
article thumbnail

What’s a Rent Back Deal? (And Two Other Reasons A Seller May Still Be in the House After Closing)

HomeLight

Nothing deflates the excitement of buying a home faster than a seller who’s still in the house after closing. That said, a seller remaining in the home after closing isn’t always a nightmare scenario. We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back.

Rent back 105
article thumbnail

Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Your bank account will thank you! Source: (yi sk / Unsplash). Lower buyer demand.

Marketing 108
article thumbnail

Seller’s Market 101: Is Your Real Estate Market Hot or Not?

HomeLight

Let’s take a look at some factors that may contribute to an inventory shortage: An insufficient supply of new builds to close the gap: When builders aren’t keeping up with buyer demand, the result intensifies a housing imbalance. Federal Reserve, the country’s central bank, controls interest rates.