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What Does Contingent Mean in Real Estate?

HomeLight

average % of contracts with a financing contingency: 80% Home sale contingency Home sale contingency means a buyer’s purchase of your house is contingent on their own house selling. Learn More Should I accept an offer with a home sale contingency?

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10 Signs Your Real Estate Market Is Shifting

Realty Biz

In a hot seller’s market homes sell in an instant. It is not unusual for a home to be on the market less than a week. When a market transitions from a seller’s to buyer’s market, the days on market will go up significantly. More Offers With Home Sale Contingencies.

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4 signs a pending home sale will fall through

Real Trends

Low appraisals are common during a “seller’s market,” which often occurs when housing demand is greater than housing supply. Home sale contingency. I’ve shared the situations that can trigger a home inspection contingency or appraisal contingency. You should also be aware of home sale contingency.

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‘Real Housewives’ Star Teresa Giudice’s Home Sale Falls Through: What Went Wrong?

Realtor.com

.” Will the home price take another $250,000 dip if it fails to sell? Granted, there are some circumstances where a home sale might warrant a more extended closing. “And if the buyer of their home fell through, or they weren’t able to get one in the time frame, that would explain why this is back on the market.”

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? What do days on market mean? Direct Buyer (Simple Sale).

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Buying in the City (When Everyone Else is Leaving For the Suburbs!)

HomeLight

While suburbs are becoming more and more competitive for homebuyers, certain cities, such as New York , Miami , Las Vegas , Houston , and Los Angeles are firmly in a buyer’s market, with homes sitting on the market up to 125 days on average. More real estate inventory means buyers tend to have more negotiating power.

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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%.