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As prices rise, Utah housing market less of a bargain

Housing Wire

As movers flock to secondary cities in search of more land for less cash, the Utah housing market – land of ski slopes and mountain trails – has become a popular destination, especially for those leaving California. ” Fronk said she saw one home in Logan receive 23 offers before it sold for $75,000 over asking price.

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The Meaning of Active Under Contract Explained

Realty Biz

The seller has agreed to accept a contingent offer from the purchaser. During this time, the seller can still accept backup offers from other interested parties. Making an Offer on a House Under Contract. Doing so is a helpful diversion and may land you a home you like even better.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

A land surveyor will be sent to the property to ensure there are no violations. Can you Make an Offer on a Contingent Home? In real estate jargon, this is referred to as a “backup offer.” At this point, a seller could move forward with accepting the backup offer.

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With inventory still tight, home buyers can’t afford to hesitate

Realty Biz

The reality is that as soon as a listing lands on the market, the race is on. They were finally successful after a search lasting more than five months, when they made an offer on a home within an hour of seeing it last February. Experts say virtual tour technology is helping buyers visit, and bid on homes faster than ever before.

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Award-Winning Midcentury Modern Restoration in Rancho Mirage, CA, Is Listed for $1.3M

Realtor.com

realtor.com Authentic midcentury modern time capsules like this beauty in Rancho Mirage, CA , don’t land on the market often. But if you truly dig the vibe, there may be a slim chance—the sellers are accepting backup offers. And when they do, they wind up selling in a flash.

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What Does Pending Mean in Real Estate?

HomeLight

You’re browsing home listings, and your eyes land on a beautiful house in your price range. Can you still make an offer? We’ll also share tips on how you can make a strong, non-contingent offer so you’re not stuck in the pending zone. It’s just what you’ve been looking for. Then you notice it’s labeled “Pending.”

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Win More Bidding Wars: The 3 Cs of Writing Better Offers

HomeLight

.” Well, the last thing a seller wants in a multiple-offer situation where they got 10 offers and it went crazy, is to have it go back on the market. Sure, they may have a backup offer, but those backup offer people are all, like, setting it and forgetting it and continuing to look.

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