HomeLight

JUNE 9, 2023

Most real estate contracts — or roughly 80% — contain contingencies , according to data from the National Association of Realtors (NAR). As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. What are the most common contingencies?

Home sale contingency 143

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 143

HomeLight

JANUARY 3, 2023

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 date. Gen Z buyers.

Purchase and sale agreement 102

Purchase and sale agreement Inspection MLS Inspection contingency 102

HomeLight

MARCH 31, 2022

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. Investors who want to capitalize on Arizona’s high rate of appreciation (particularly in the Phoenix area).

Purchase and sale agreement 93

Purchase and sale agreement Inspection MLS Inspection contingency 93