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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.

Marketing 448
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What Does Contingent Mean in Real Estate Sales

Realty Biz

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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The Meaning of Active Under Contract Explained

Realty Biz

In some places, active under contract indicates that a contract has been signed but is contingent on certain conditions being met before the sale is finalized. In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS). The seller has agreed to accept a contingent offer from the purchaser.

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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. The median sales price was the full asking price in June, the highest on record in the NAR’s data.

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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. If everything goes smoothly, the sale could close faster.

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

HomeLight

But then again, with some new listings, if the price, location, and condition are right, the sale kind of is like an auction, isn’t it? ” 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. But what about the flip side? .”

Agents 97
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How to Win a Bidding War: The 3 Cs of Writing Better Offers

HomeLight

But then again, with some new listings, if the price, location, and condition are right, the sale kind of is like an auction, isn’t it? ” 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. now with the lady and now 700.

Agents 81