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How To Buy and Sell a Home at the Same Time—in Today’s Haywire, High-Interest Rate Housing Market

Realtor.com

Getty Images (3) Buying a house while simultaneously selling your current home is always a treacherous tight wire to traverse—but in today’s high-priced, high-interest-rate housing market, it’s both a blessing and a curse. How disruptive will it be to have the home I live in on the market?

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11 Tips to Win a Bidding War on a House

Redfin

But because of the high demand in the current housing market , your real estate agent comes back with the unexpected news that several other homebuyers have also submitted offers on the home. If you have been pre-approved for a specific amount, the house may not appraise for a higher price bidding wars often get to.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. The most obvious contingency with an offer that requires financing is, of course, the financing itself.

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Use These 8 Strategies to Get Yourself a Home in 2022’s Real Estate Market

HomeLight

In the words of Leslie Peterson , a top agent in San Francisco , California: “It’s just a crazy market right now.”. In a hot seller’s market like we’ve seen since the onset of the coronavirus pandemic (and will likely continue to see as we get further into 2022), being a prepared buyer will give you an edge when it’s time to make an offer.