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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

Much of this work was conducted on large national listing portals, but I also utilized Altos Research market reports to track home-price and inventory trends in my search area of southern New Hampshire. I grew up in an 1850s farmhouse and was not going to skip an inspection or an appraisal contingency.

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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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Agent commissions are being negotiated more often, but it’s a ‘tale of two markets’

Housing Wire

The interviews revealed that buyers in some markets are more open to taking on some of the cost of compensating their agents. While Redfin agents are seeing more negotiations, it’s more common in some markets than others. We’ve found a tale of two markets,” Fairweather said.

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Buying a home that needs some repairs? Think twice about these projects

Housing Wire

In today’s hot market, buyers are doing all they can to stand out. Some are waiving inspection contingencies, while others are avoiding repair requests, opting to handle home repairs, fixes and upgrades as needed later on. Are you thinking of skipping inspections or repair requests and handling any minor home repairs yourself?

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Waiving Home Inspections: Just Because Other Buyers Are Doing It, Doesn’t Mean You Have to (Or Should)

Lighter Side of Real Estate

Waiving contingencies like inspections or appraisals became a common tactic, not necessarily because buyers wanted tobut because it sometimes felt like the only way to be seen on equal footing. The idea is to prevent buyers from feeling pressured into waiving their right to an inspection. Lead with your strengths.

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Key Terms for Homebuyers [INFOGRAPHIC]

Keeping Current Matters

Knowing key housing terms and how they relate to today’s market is important. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction. Some Highlights.

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5 Tips for Making Your Best Offer

Keeping Current Matters

In today’s sellers’ market , standing out as a buyer is critical. Speed and the pace of sales are contributing factors to today’s competitive housing market. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the average home is on the market for just 17 days. Bottom Line.