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Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. It also prevents sellers from accepting offers if they are informed in advance that the buyer intends to forgo an inspection. The regulation takes effect for home sales that close after Oct.

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Home sale cancellations hit record high in January

Housing Wire

Home sale cancellations in the U.S. Why sales are falling through Redfin said several factors are contributing to the spike in failed transactions: Rising supply , falling demand : Housing inventory has climbed to its highest level since 2020, giving buyers more choices. home-sale price rising 4.1% year-over-year. Las Vegas 17.9%

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Redfin says the LA wildfires impacted $50B worth of homes

Housing Wire

The report, released on Thursday, uses data from the Los Angeles City Council , which provided a list of 11,125 residential parcels inspected after the wildfires. About 11,000 residential properties totaling $51.7 billion in value in Los Angeles were impacted by January’s wildfires , according to a new report from Redfin.

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Low-fee brokerage firms could give sellers considerable savings: CPC

Housing Wire

Consumers listing a $400,000 property for sale could save up to $10,000 in broker fees by using a “low-fee” brokerage firm, according to a report published Monday by the Consumer Policy Center (CPC). Sellers who use a flat-fee broker can save even more — up to $10,000 on the sale of a $400,000 home.

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Home Sale Cancellations Hit a Record High for June

BAM Media

of pending home sales fell through in June 2025, the highest June rate on record since 2017. Nearly 15% of pending home sales fell apart last month. Some are backing out during the inspection period when a better home hits the market or when they find a flaw they don’t want to fix. a year earlier. Not anymore.

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Homebuyers turn to aging properties as construction lags

Housing Wire

of Buffalos home sales involved properties built within the past five years. At the end of the day, getting a building inspection is critical. In Buffalo, New York , for example, the typical home purchased in 2024 was 69 years old the oldest among the 100 most populous metro areas analyzed.

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The 11 do’s and don’ts of buying a new build

Housing Wire

Third-party inspections Although city and county inspectors verify code compliance, hiring an independent home inspector can provide additional peace of mind. While the builders sales team represents the developer, a buyers agent works solely in the buyers best interest.