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Home Sellers More Enthusiastic About Listing

Appraisal Buzz

According to a recent Realtor.com survey, some70% of prospective sellers believe that now is a good time to sell, indicating that sellers nationwide are feeling upbeat as we approach this years Best Time to Sell. Some 96% of prospective sellers have taken some action to start getting ready to sell their house.

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Homeowners are confident heading into peak selling season

Housing Wire

home sellers believe now is a good time to list their homes. Roughly 70% of potential sellers said it is a favorable time to sell, despite concerns about mortgage rates and broader economic factors. Our survey found that many potential sellers feel confident theyll not only sell quickly but also receive top dollar for their home.

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Study: 24% of sellers received four or more offers in 2021

Housing Wire

home sellers received four or more offers on their home in 2021, according to Zillow’s latest consumer housing trends report. Typical sellers received two offers, which is the same as the past three years. Most sellers (74%) received at least one offer on their property that was all cash or did not include a financing contingency.

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Costs Mounting for Homebuyers

Appraisal Buzz

More than half of home buyers (52%) negotiated with the seller, with 94% of those who did achieving success. About 34% of buyers paid below the asking price in 2024—up from 27% in 2022, when the market was more favorable to sellers. home ($501,500) adding $75,255, the upfront cost totals a staggering $107,230.

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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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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Are you considering skipping the home inspection? A home inspection ensures you have the full picture regarding a property’s costs and value.