Remove Days on market Remove Inspection Remove Inspection contingency Remove Sales
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What Does Contingent Mean in Real Estate?

HomeLight

A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. What are the most common contingencies?

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4 signs a pending home sale will fall through

Real Trends

How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. A sale is considered pending until the seller formally accepts an offer from a buyer. It should be reassuring for all real estate agents that not many home sales fall through.

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Insights Into The Maryland Housing Market: Trends And Forecasts For 2024

Realty Biz

Check multiple times per day as inventory moves fast. Making Competitive Offers Offering above the asking price and waiving contingencies like financing and inspections have become common tactics for winning in bidding wars. If waiving inspection contingencies, have the home pre-inspected so you enter informed on its condition.

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10 Signs Your Real Estate Market Is Shifting

Realty Biz

Sellers are driving the market and often get more than the asking price. Falling sales prices are a clear indicator that the seller’s market is losing steam. The comparable sales will often be based on a different market. The Number of Homes For Sale Rises. Homes Take Longer to Sell.

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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). How it might take 12-75 days to sell your home. What do days on market mean? Direct Buyer (Simple Sale).

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Sell Your House Fast in Milwaukee With Tips From Local Real Estate Experts

HomeLight

Price your Milwaukee home at fair market value with help from a top real estate agent. Simmons says that the Milwaukee seller’s market is so hot that 98% of buyers are waiving inspection contingencies to win bidding wars on homes. “It doesn’t matter what kind of market we’re in.

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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%.