Category Archives: Buying a Home
New home sales rebound despite record prices
Source: MarketWatch New-home sales increased 1% to an annual rate of 708,000, the U.S. Census Bureau said this week. The figure equates to how many homes would be sold over a yearlong period of time if the same number were bought in each month...
Read More ›
Fewer first-time homebuyers are competing
Source: Housing Wire After a year of extremely tight housing inventory, the housing market is showing signs of finally adding housing stock. The inventory of unsold homes rose by 7.3% to 1.32 million from June to July, according to data from...
Read More ›
More buyers paying cash to win bidding wars
Source: Realtor.com Buyers who can make an all-cash offer on a home can stand out when competition is tight. Cash purchases tend to pose less risk that a deal will fall through from a low appraisal, have fewer financing hang-ups, and tend to...
Read More ›
Buyers are waiving contingencies to sweeten the deal
Source: Redfin The pandemic and high unemployment rate haven't slowed the housing market. With home buyers facing heightened competition this summer for a limited number of homes for sale, some have decided to try to gain an edge by waiving...
Read More ›
