Housing Wire

OCTOBER 5, 2021

This is slightly higher than the number of buyers who reported purchasing a home without a mortgage (68%). This discrepancy suggests that buyers who need financing can still compete with cash offers, as long as their offer is appealing in other ways.

Sellers 545

Sellers Inspection Buyers Finance 545

Housing Wire

MAY 14, 2024

“Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. Nationwide, the share of buyers who are first-time buyers has risen in recent months.

Buyers 448

Buyers Inventory Landlords Real Estate 448

Housing Wire

OCTOBER 9, 2024

17 , when the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement had to be implemented, most brokers and agents were concerned about how they would disclose a seller’s offer of buyer broker compensation. O’Koniewski said this can sometimes make the buyer’s offer more attractive.

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Buyers Sellers Agents Contracts 468

Real Estate News

DECEMBER 23, 2024

These evaluations have the potential to make or break a transaction, and many buyers will have questions about whats involved and whats at stake.

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Inspection Buyers Appraisal 245

Housing Wire

APRIL 25, 2024

Buyers are really struggling.” Agents say they are also seeing a lot of appraisal gap clauses , inspection waivers and free leasebacks popping up in offers as buyers look to improve their chance of winning a house in the current market. It is extremely competitive,” DeRoussel said of the Cincinnati housing market. “We

Buyers 459

Buyers Marketing Inventory Investors 459

Appraisal Buzz

SEPTEMBER 9, 2024

The analysis centers on in-depth interviews conducted nationwide with numerous Redfin agents regarding the reactions of sellers and buyers to the changes. The average buyer’s agent commission, according to a Redfin report from July, was 2.55%, a little less than it was prior to the settlement’s announcement. I showed a $4.75

Sellers 397

Sellers Buyers Agents Advertising 397

Housing Wire

MARCH 8, 2024

At the height of the pandemic there were bidding wars and all that, but it didn’t seem impossible, but now it seems impossible to get our buyers into homes,” said Heather Corrigan , a RE/MAX Signature Homes agent based in Closter, a borough that is 24 miles north of Manhattan and renown for its schools.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Appraisal Buzz

MARCH 5, 2025

High mortgage rates and high home prices combined with economic uncertainty are causing some would-be buyers to change their minds. Increasing inventory and reduced demand has tilted the housing market in buyers favor in recent months. Some buyers are getting cold feet with everything going on in the world.

Buyers 273

Buyers Inspection Agents Contracts 273

Housing Wire

MARCH 22, 2021

Interestingly, Redfin data showed waiving the inspection contingency and conducting a pre-inspection – meaning the buyer conducted an inspection before making an offer – had no significant impact on whether a prospective buyer wins a bidding war.

Inspection 545

Inspection Inventory Buyers Sellers 545

Housing Wire

MAY 22, 2024

From waiving inspections and financing contingencies, to free leasebacks and uncapped escalation clauses, real estate agents say that buyers in Rhode Island are willing to do almost anything to get into a house right now. “It For buyers, the tight inventory has meant frequent compromises to their search parameters.

Buyers 401

Buyers Inventory Marketing Real Estate 401

Appraisal Buzz

JULY 23, 2024

Buyers are getting more and more selective,” said Julie Zubiate, a Redfin Premier real estate agent in the San Francisco Bay Area. Buyers often back out during the inspection period because they find something they don’t like, but affordability is really the underlying issue. of homes that went under contract. June 2024 U.S.

Buyers 396

Buyers Contracts HOA Property Taxes 396

Appraisal Buzz

NOVEMBER 13, 2024

The study found that 48% of buyers said costs were higher than expected, with 39% exceeding their budget and 38% reporting impacts on their savings. The study found that 48% of buyers said costs were higher than expected, with 39% exceeding their budget and 38% reporting impacts on their savings. times more than boomers (31%).

Real Estate 417

Real Estate Sellers Buyers Renovations 417

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. WAIVING HOME INSPECTIONS. Did they regret their decision?

Buyers 243

Buyers Property Taxes Inspection Market Value 243

Housing Wire

MARCH 31, 2021

’ And if I don’t find a buyer immediately when I list a property, I’m getting plenty of people making offers without even looking at the price or even doing an inspection.” ” The post Buyers flock to Bay City, Michigan for ultra-low home prices appeared first on HousingWire.

Buyers 418

Buyers Investors Realtors Agents 418

Housing Wire

FEBRUARY 28, 2025

The trend is most pronounced in Atlanta, Las Vegas, Houston, and parts of Florida , where increasing housing supply is leading to a buyers market. With less competition, some buyers are backing out during the inspection period, hoping for a better deal. Some buyers are getting cold feet with everything going on in the world.

Inspection 350

Inspection HOA Buyers Real Estate Agent 350

Housing Wire

SEPTEMBER 9, 2024

The new rules mandated by the National Association of Realtors’ (NAR) antitrust settlement are designed to encourage more negotiations for buyer agent commissions. That’s according to Redfin , which interviewed dozens of its agents about what they’re seeing on the ground in regard to buyer commission conversations.

Agents 482

Agents Marketing Sellers Buyers 482

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. Not necessarily.

Real Estate 476

Real Estate Appraisal Agents Inspection 476

Housing Wire

OCTOBER 18, 2024

Later on, declining rates opened up supply in urban markets where inventory would normally be locked up due to buyers staying put with low interest rates. Jaro gives every lender the tools to offer fair valuations to all buyers. More employees moved to suburban areas to set up their new lifestyles.

Appraisal Process 448

Appraisal Process Appraisal Real Estate Inspection 448

Housing Wire

OCTOBER 27, 2020

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?

Inspection 459

Inspection Renovations Buyers Housing Market 459

Housing Wire

APRIL 8, 2021

According to Matt Sharp, Area Lending Manager at Citi, “It’s really important when you are in the buying process that lenders have a communication with not only the buyer but also with their realtor,” Sharp said. This is a bit of a gamble since the buyer won’t know for sure if they have to use the money until after the appraisal.

Inspection 468

Inspection Sellers Buyers Tools 468

Housing Wire

MAY 21, 2024

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

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Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

JULY 23, 2024

With mortgage rates still hovering around 7%, economists believe buyers are waiting out the next few months until the Federal Reserve cuts benchmark rates, which is expected in September. “We’re We’re seeing a slow shift from a seller’s market to a buyer’s market,” NAR chief economist Lawrence Yun said in a statement.

Inventory 508

Inventory Buyers Inspection Sellers 508

Housing Wire

JUNE 22, 2021

Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. Redfin also reported this month that seven in 10 buyers — 70.4% — faced bidding wars in May. If you’re an FHA or VA buyer, you don’t stand a chance. So, what does this mean for buyers? Bidding wars.

Housing Market 476

Housing Market Real Estate Agent Marketing Inventory 476

Housing Wire

JUNE 10, 2021

To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. After all, curb appeal is just as attractive to potential buyers as the indoor layout. Home improvements and renovations are also important to buyers. A concession is when the seller agrees to pay part of a buyer’s closing costs.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546

Housing Wire

MAY 3, 2024

As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. Serious buyers showed discernment as they know inventory is growing. Difficult inspections have been on the rise over the last few months. With only 1.3

Inventory 450

Inventory Inspection Lending Real Estate 450

Housing Wire

JULY 18, 2024

” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely. A digital U.S.

Finance 448

Finance Real Estate Investors Legal 448

Raleigh Realty

FEBRUARY 2, 2022

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? One of those steps is the home inspection and with the home inspection, major issues can arise. One of those steps is the home inspection and with the home inspection, major issues can arise.

Inspection 158

Inspection Sellers Buyers Realtors 158

Housing Wire

SEPTEMBER 19, 2024

Higher inventory levels and lower mortgage rates should provide better conditions for the market in the fall, helping both buyers and sellers who’ve been waiting on lower borrowing costs and the end of the election cycle. Buyers who waited may be glad that they did,” Realtor.com chief economist Danielle Hale said in a statement.

Inventory 459

Inventory Housing Market Inspection Sellers 459

Housing Wire

FEBRUARY 26, 2024

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. On the demand side, buyers are wary of purchasing a condo since it has become less affordable. It’s causing buyers to rethink their plans.”

HOA 501

HOA Law Insurance New Listings 501

Housing Wire

OCTOBER 6, 2020

A lot of buyers are shopping virtually these days, so any renovations that can make your home look better in photos is a good thing. For one, there’s a good chance buyers will spot the issue when touring your property. You can also bet it will show up on the inspection report. Are you considering putting your home on the market?

Renovations 497

Renovations Inspection Buyers Inventory 497

Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Plumbing 3.

Inspection 148

Inspection Sellers Real Estate Agent Buyers 148

Housing Wire

JULY 24, 2024

This partnership will provide all SFAR Realtors with the opportunity to take advantage of RealReports’ robust property data and AI-driven insights to enhance buyer and listing presentations, streamline research, mitigate risk, and generate leads.”

Realtors 468

Realtors Tools Real Estate Agent Real Estate 468

Housing Wire

NOVEMBER 4, 2024

Although I was certainly nervous about the process, I knew I was far better prepared — and had far more resources and industry experts available for consultation — than most first-time buyers. Lamacchia Realty is using its own buyer representation agreements , and I found the form straightforward and easy to understand.

Agents 435

Agents Inspection Real Estate Sellers 435

Housing Wire

JANUARY 30, 2025

home equity based on different estimates its easy to see the potential impact that such a large cohort has on a variety of different businesses, including home inspections. But one impact that Cook has observed in his own business at least anecdotally is an apparent mistrust that older buyers have for new construction.

Inspection 277

Inspection Mortgage Construction Insurance 277

Housing Wire

APRIL 2, 2024

Through NAF Cash, the lender purchases the buyer’s chosen home upfront with cash while the buyer can rent the new home while working on selling the old home or securing financing on the new one. Chicago, I think, is suffering more than most markets in the United States.

Loan Officers 448

Loan Officers Retail Finance Buyers 448

Housing Wire

OCTOBER 27, 2020

And for buyers, that means more competition — as well as less leverage in negotiations. The truth is, sellers can have their pick right now, and if your offer isn’t just what they want, they could choose another buyer. Making a contingent offer can protect your interests, but hurt your chances as a buyer. The bottom line.

Marketing 468

Marketing Sellers Buyers Inspection 468

Housing Wire

AUGUST 21, 2024

The owner of the company said to me, “Well, you know, Debbie, when it comes time to do the termite inspection, you get in the way. I do the inspection. I will arrange the inspection. I’ll go do the inspection. I’ll go do the inspection. You call the client, then you call me to arrange it.

Inspection 447

Inspection Training Clients Real Estate Agent 447