Housing Wire

MAY 22, 2025

Except for a brief dip in 2023, home prices have increased on a yearly basis since 2012, driven by a prolonged sellers market. Inventory grows, sales shrink Redfin said cooler prices stem from a widening gap between supply and demand. Existing-home sales dropped 1.1% Meanwhile, the total number of homes for sale surged 16.7%

Purchase and sale agreement 371

Purchase and sale agreement Backup offer Seller concession Sales 371

Redfin

JUNE 10, 2025

Mortgage lenders typically base their financing on the appraised value or the purchase price , whichever is lower, directly impacting the loan amount. Limited comparable sales (comps): Appraisers rely on recent sales of similar homes in the area. Negotiate the purchase price: This is often the most common resolution.

Purchase and sale agreement 31

Purchase and sale agreement Seller concession Finance Closing costs 31

HomeLight

MAY 3, 2023

But in focusing on the equity portion, people are often surprised to learn how much it costs to sell a house in the U.S. Selling fee Typical % of sale price Real estate agent commission 5.8% of the property sales price. It’s customary for the seller to pay both.) Money is always top of mind when selling a house.

Seller concession 111

Seller concession Purchase and sale agreement Inspection Title 111

Redfin

JUNE 9, 2025

Because lenders base loan amounts on the appraisal—not the purchase price— buyers are typically responsible for covering this difference out-of-pocket. Prices increasing fast: Prices rise quickly in hot markets but appraisals rely on older sales data that may not reflect the latest trends.

Purchase and sale agreement 31

Purchase and sale agreement Seller concession Finance Equity 31

HomeLight

APRIL 14, 2023

In this post, we’ve researched the expenses related to buying a home in California and gathered expert insights to help you understand just how much closing costs will set you back before you make the biggest purchase of your life. So if you’ve got enough equity in your home, you won’t have to worry about coming up with cash at closing.

Closing costs 105

Closing costs Closing Purchase and sale agreement Title 105

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Michigan are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Michigan real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

Purchase and sale agreement 110

Purchase and sale agreement MLS Agents Sales 110

HomeLight

DECEMBER 13, 2022

When the time comes to move, some tenacious homeowners in Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Virginia real estate market and a steep rise in equity added extra incentives to maximize profits. Get Started. .

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Sales 105