Pending Home Sales, which measure signed contracts on existing homes, fell 1.2% in March, though this was stronger than the 1.8% decline expected. Sales are now down 8.2% year over year. There is no doubt that higher interest rates could be impacting demand, but this...
Winter 2022 - NAEBA Homebuying Report Purchasing a home in the winter months presents some unique challenges to home buyers. As the largest association of home buying specialists in the country, we surveyed our members in January 2022 to see what issues home buyers...
A few months ago, my clients and I attended an almost perfect home inspection. They were purchasing a classic 1940s Cape Cod that had been meticulously maintained. The only issue the home inspector found was a loose faucet in one of the bathrooms. Most home...
A post settlement occupancy agreement happens when sellers and buyers agree to allow the seller to stay in the house after settlement. This can happen for a variety of reasons. Sometimes, sellers need to stay in a home to finish out the school year. Other times they...
Not every year is the same, but there’s a pattern. First, though, I want to remind you that it takes about five weeks to close on a house, once you have an accepted offer. Here, I am talking about when you get your offer accepted, not when you close. So, for example,...
ORLANDO median home prices climbed 24% in 2013, as short sales dropped 33% and foreclosures dropped 11%. Normal sales went up 42% as the Central Florida housing market rebounds better than any other large city in Florida. Overall, home prices are on the rise which...
