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Connecticut Home Sellers Can Expect to Pay These Closing Costs

HomeLight

If you’re selling a home in Connecticut, you should familiarize yourself with closing costs that sellers pay to finalize the transaction. The average closing costs for home sellers fall between 6% to 10% of the home’s sale price. Connecticut sellers can count on these costs. Source: (Roger Starnes Sr / Unsplash).

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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

“Last year we were still adjusting from the effects of the pandemic market, but now the trends seem to be getting back to our baseline, which is more like our 2019 market,” Smith said. Days on market is also trending back to what is more normal for our market as well.”

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Selling a House in Texas: Expert Tips to Get the Best Deal

HomeLight

“It’s taking longer to sell houses because there are more houses to see,” says Chris Winstead , a top-rated San Antonio real estate agent who sells homes 40% quicker than average agents in his market. There are almost twice as many options for buyers, and that kind of lines up with the increase in days on market.”

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Fed’s Beige Book predicts further uncertainty for the housing market  

Housing Wire

Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted. Days on market and inventory levels have increased but were still below normal levels.

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What Is the Cost to Sell a House in Texas?

HomeLight

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. A concession occurs when a seller agrees to use part of the proceeds from their home sale to cover some, or all, of a buyer’s closing costs.

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Selling a House ‘As Is’ in Michigan

HomeLight

Fast facts about selling a house ‘as is’ in Michigan Median sales price in Michigan $291,186 Average days on market (DOM) for Michigan 42 Days Disclosures Michigan law requires sellers to disclose material facts about the property through the Seller Disclosure Act (Act 92 of 1993). MLS has a field to mark a listing “as is”?

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The nation’s housing market is on a correction course

Housing Wire

However, contacts reported there was a shift in market activity to slightly lower sales volumes and a reduction in buyer traffic, which they attributed to higher mortgage rates. Inventories of homes for sale and days on market increased in the last month while growth in listing prices for homes started to soften.

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