Remove Closing Remove Closing costs Remove Days on market Remove Seller concession
article thumbnail

Home Prices Fall and Listings Soar: Could It Be a Great Time To Buy Despite High Mortgage Rates?

Realtor.com

” Can seller concessions balance out rate hikes? Sellers might not think it’s the best time to list homes, but could it be a good time for home shoppers to buy? “That you’ll have all the leverage for negotiating with sellers. “What does all this mean if you are looking to buy a home?”

Mortgages 120
article thumbnail

Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

“Last year we were still adjusting from the effects of the pandemic market, but now the trends seem to be getting back to our baseline, which is more like our 2019 market,” Smith said. Days on market is also trending back to what is more normal for our market as well.”

Marketing 395
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is the Cost to Sell a House in Texas?

HomeLight

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. HomeLight’s free Agent Match platform can connect you with a top real estate agent in your market. Seller concessions.

article thumbnail

How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. According to Caldwell, the average cost to sell a home can range between 7% to 8% of a home’s purchase price.

article thumbnail

How to Find Comps for My House: An Illustrated Guide

HomeLight

Location: Neighborhood, access to major highways or public transportation, how close it is to the school or a public park, all of these influence a home’s price. Date of sale: A home sale from three years doesn’t reflect market conditions today. Collier Swecker. Real Estate Agent. Collier Swecker. Currently accepting new clients.

MLS 108
article thumbnail

Can I Sell a Home After Owning It 2 Years? Here Are 8 Things to Consider

HomeLight

Deduct your outstanding mortgage balance and any costs of selling you incurred (such as real estate commission, closing costs, title fees, repairs, prep, and staging). This free tool will provide an estimate of the costs of selling your home and the potential net proceeds you might earn. Seller concessions (2%-6%).

article thumbnail

Can I Sell a Home After Owning It 1 Year?

HomeLight

Here are some of the common concerns you may face: Cost of mortgage interest: At the beginning of your loan, a bigger percentage of your mortgage payment goes toward interest. Closing costs that add up: You paid these when you closed on this home, but you’ll probably have to pay them again if you sell it and buy another home.