Pending Home Sales Decline But Still Strong Overall
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...
Home Buying Report Winter 2022
Many consumers know that the off-season is typically the best season for bargain shopping. In most US markets, the off-season for home buying is the winter, particularly during the holidays and in the first quarter of the new year. However, winter home buying creates...
Don’t Skip the Home Inspection
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...
What is a post settlement occupancy agreement?
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,...
Real Estate Market Coming Up Roses but Buyers Should Beware of Thorns
Buyer Agent-Eye View: Bethesda
Hot, Hot, Not During the first three months of 2014, Bethesda had a hot market with 130 Single Family Homes (SFH) and 46 condos sold. There was a tremendous feeling that we were already in a full-blown Spring Market. It felt like a great beginning to a hot, hot year....
Buyer Agent – Eye View: Lake County, Florida
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...
