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Nearly half of home sellers are offering concessions

Housing Wire

According to a new report from Redfin , 44.4% of home sales from January through March included concessions such as money toward repairs, closing costs or mortgage rate buydowns. a year ago and close to the record figure of 45.1% Thats up from 39.3% at the start of 2023. Theyre worried about net proceeds, she said.

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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. Cosmetic updates like flooring, paint or finish work can sometimes be done after closing at a lower cost.

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72% Americans Fear Reciprocal Tariffs Could Hurt the Housing Market

Marco Santarelli

Impact on Housing Supply Chains: Increased Construction Costs: Tariffs on imported building materials like lumber, steel, and aluminum will drive up construction costs. This means new homes will be more expensive to build, potentially leading to fewer new construction projects.

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Homebuilder sales incentives are in full bloom this spring

Housing Wire

As builders struggle to close sales, resulting in declines in builder confidence and in company revenues, many have started to pile on buyer sales incentives. One-third of respondents increased some, most or all of their sales incentives. According to Webb, about 80% of his firms sales include an outside buyers agent.

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What Does a Home Builder’s Warranty Cover?

Rochester Real Estate

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Does a Home Builder’s Warranty Cover? Home Builder Warranty – What Do They Cover Understanding a builder’s warranty coverage is crucial when purchasing a new home.

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Will the Housing Market Crash Due to Reciprocal Tariffs: Survey Warns

Marco Santarelli

Impact on Housing Supply Chains: Increased Construction Costs: Tariffs on imported building materials like lumber, steel, and aluminum will drive up construction costs. This means new homes will be more expensive to build, potentially leading to fewer new construction projects.

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What to Look For in New-Construction Homes: These 5 Crucial Aspects Should Be on Your Radar

Realtor.com

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. Do the materials and style of construction match the neighborhood?”