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Is this housing market affordable for the average shopper?

Housing Wire

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.

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Real estate negotiation: 8 effective strategies from a KW mega broker

Housing Wire

In most cases, a buyer wants to get a fair deal on a house that the seller wants to sell at a fair price. So you would state it something like this: Your seller wants to sell and my buyer wants to buy, right? When it is between a buyer and a seller, I might say, Im confident we will find a solution that is agreeable to both parties.

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An inside look at local housing markets across the country

Housing Wire

Aubuchon says buyers are making too many concessions. Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” HousingWire Magazine delivered to your home or office. “It is like ten kids fighting over one ice cream cone. Become a member today.

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What renovations will add value to my home?

Housing Wire

According to Remodeling Magazine, the 2021 average for a kitchen remodel is $26,214, adding an average of almost $19,000 to a home’s value, or 72% of the investment. Another area with high ROI includes replacing laminate countertops and adding new, resilient flooring, the magazine notes.

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Local housing markets: Othello, Osage Beach and Vienna

Housing Wire

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. It will be slow for a few days and then we’ll get this wave of interest and buyers and then it will slow again, but it keeps picking back up,” he said. billion market and he expects it to continue to grow.

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Opinion: What you need to know for a successful real estate transaction

Housing Wire

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They manage and oversee the entire process from the time a seller accepts an offer to the time the buyer takes possession of the property. So why are title and escrow so important?

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8 effective mindset hacks from a top real estate coach

Housing Wire

For example, suppose you are focused on the higher interest rates and reasons why buyers can’t buy today. In that case, you’ll miss the signals of opportunity like greater inventory, builder incentives, and assumable mortgages that will allow some buyers to take advantage of the current real estate market.