Realty Biz

JULY 6, 2022

It is not unusual for real estate markets to change. Quite often real estate markets stay the same for quite a while and then something happens that causes a shift. Sometimes it is the general economy, other times it could be interest rates moving significantly up or down, and possibly the stock market changing drastically.

Home sale contingency 139

Home sale contingency Marketing Inspection contingency Inspection 139

HomeLight

JUNE 9, 2023

So if you’re buying a house and see a listing that’s contingent, it’s likely going to be fully off the market soon. If you receive a contingent offer as a seller, statistically speaking, that deal is likely to still close. That said, contingencies in a real estate contract do create some uncertainty.

Home sale contingency 145

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

Real Trends

DECEMBER 27, 2022

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.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

HomeLight

NOVEMBER 9, 2021

If you need to sell your home pronto, now is a great time. 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? Traditional Sale.

Purchase and sale agreement 95

Purchase and sale agreement Home sale contingency Title search Inspection 95

Realtor.com

DECEMBER 2, 2021

Their financial position might change, their health might change, and the market might change.” ” 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. Another major issue with this type of sale?

Earnest money deposit 77

Earnest money deposit Sales Home sale contingency Days on market 77

HomeLight

DECEMBER 22, 2020

And it’s coming from urban real estate markets. Social distancing and stay-at-home directives have been the theme song of 2020, leading more and more urban dwellers to exit densely-populated city locations in favor of suburban residences. Nationally, a more typical “days on market” timeline would be less than 30 days.).

Home sale contingency 62

Home sale contingency Closing costs Investor Inspection 62

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%.

Purchase and sale agreement 108

Purchase and sale agreement Inspection MLS Inspection contingency 108