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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

The real estate market has shifted, and we are in a new housing paradigm. Mortgage interest rates have risen quickly in the past few months further eroding affordability. However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years.

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What Does Contingent Mean in Real Estate?

HomeLight

These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. Purchase mortgages today are taking over 40 days to close on average.

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

Realty Biz

While rising prices and mortgage rates present challenges, it’s still possible to find your dream home with the right strategy. This article explores the key factors home buyers need to know about the Maryland housing market this year. Check multiple times per day as inventory moves fast. But don’t let down your guard just yet.

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Selling a House ‘As Is’ in Louisiana

HomeLight

Consider a pre-listing inspection A pre-listing home inspection is the same as a standard on, except that the seller pays for it before listing their home on the market. If you’re selling a house “as is” in Lousiana, we’ve got you covered. increase over the year prior.

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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? Average Days in 2021.

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Selling a House ‘As Is’ in Virginia

HomeLight

Skip repairs and close in as few as 10 days. Consider a pre-listing inspection A pre-listing home inspection is the same as a standard one except that the seller pays for it before listing their home on the market. Megel says that a pre-listing inspection makes little sense for sellers considering an as-is sale. “If

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Why Milwaukee is a Hotspot for Cash Home Buyers: Trends and Insights

Realty Biz

Here are some of the benefits of selling to cash buyers: Fast transactions: Cash buyers don't need to secure a mortgage, which means they can close the deal much faster than traditional buyers. No contingencies: Cash buyers won't require an appraisal or inspection, which can speed up the process and save you money.