Remove Closing costs Remove Days on market Remove Home sale contingency Remove Inspection contingency
article thumbnail

How to Sell a House by Owner in Colorado

HomeLight

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Closing costs.

article thumbnail

How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

Median sales price: $449,900 (Feb. Average days on market : 36 (April 2022). For Sale signs in the yard: Generally allowed, but regulations vary by jurisdiction concerning size, placement, and other limitations. Let’s review some of the top points of negotiation you may encounter: Contingencies. Closing costs.

article thumbnail

Do I Accept the First Offer on My House, or Wait and See?

HomeLight

If specific criteria aren’t met, the deal can fall through; i.e., the sale is contingent upon various factors outlined in the offer. Therefore, the fewer contingencies tied to an offer, the more likely the deal will reach closing. Common contingencies include an inspection contingency and an appraisal contingency.