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What Does Contingent Mean in Real Estate?

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

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(Nationally, a more typical “days on market” timeline would be less than 30 days.). Not only could a buyer’s market mean lower purchase prices, but it might also lead to better contract terms. Investors may also want to take advantage of this unusual situation. Source: (Denise Jans / Unsplash). What do you want?

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How to Sell a House by Owner in Colorado

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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%. People who can work remotely.

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

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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).