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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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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

The monthly Realtors Confidence Index helps to dispel many of the myths and cut through the noise of what is currently happening in the market. The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market. In comparison, in 2011, homes took 96 days to sell. .

Realtors 382
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A look at Knoxville’s hot housing market

Housing Wire

But like the rest of the country, low housing inventory has hit the city hard. According to the Knoxville Area Association of Realtors , the number of houses for sale in 2020 was down 47.5% The KAAR also said housing inventory dropped for six straight months to start the new year. year-over-year. It’s like a horse race.

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Agent strategies for getting first-time homebuyers across the finish line

Housing Wire

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. But, collectively at the Denver Metro Association of Realtors (DMAR), we all agree that this is really no longer the case and hasn’t been for some time. Rate buy-downs are another option I recommend in this market.

Agents 389
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What’s Your View?

Cleveland Appraisal Blog

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. In the process of selling their home, the builder told them that they had to revise their contract to reflect the increase in building materials.

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Hard Convincing Sellers Not to Overprice? Use Data

Empire Appraisal Group

Use Data | Florida Realtors Hard Convincing Sellers Not to Overprice? Use Data By Jennifer Warner Florida Realtors economist : Many sellers today plan to overprice their home, but overpricing isn’t new. Gone were sound practices like inspections, appraisals and even contingent offers. New Pending Sales is a “leading indicator.”

Sellers 78
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Realtor Tip: Multiple Offers? Tell the Appraiser!

Rowe Appraisal Group

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Now, I know what you’re thinking, “Aren’t four separate signed contracts considered facts and/or market data?”. Bring him copies of the offers to the inspection. Are inventory levels low?