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From consultation to closing: The definitive homebuying checklist

Housing Wire

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. Think of this as building a roadmap for their homebuying journey.

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Santa Monica: An unexpected haven for first-time buyers

Housing Wire

As of May 13, the median days on market for single-family properties in Santa Monica with a median price of $1.85 million (the lowest market segment) and a median price of $2.622 million was 35 days and 17 days, respectively. But it isn’t just first-time buyers. They spook easier.

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Why “Days on Market” Matters to Home Buyers When Selling a House

HomeLight

The amount of time a home spends on a market (a statistic known as “days on market”) depends on a variety of factors like location, market trends, how your listing is marketed, and pricing. For instance, in Lafayette, LA the median days on market spent is 72 days, while in Atlanta, GA that number is 33 days.

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Interest rates and inventory challenge buyers in northwest Ohio

Housing Wire

In addition to more days on market for homes at higher price points, Campos said he has also seen some price reductions on listings at the higher end of the market. But Fleischmann noted that he still sees the occasional escalation clause, as well as waived inspections and appraisal gap clauses. “I

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Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

Boston – Home sales posted further substantial declines in November, and closed sales were down by 20 to 30% on a yearly basis. Existing home sales fell modestly in most markets following a steep decline in the prior period. Brokers noted that the softer market is (slowly) shifting back toward a balance between buyer and seller.

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The hazy, lazy days of summer hit the northern New Hampshire housing market

Housing Wire

“There isn’t a whole lot of time during the year where it is super slow because we have a lot of vacation buyers, but pre-COVID, between Columbus Day and Thanksgiving, when the mountains were just starting to open, was typically slow.

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I’m Ready to Buy a House, But Can’t Afford Much: How Do I Find Cheap Houses?

HomeLight

Finding cheap houses: Homes currently for sale When looking for a bargain in the current market, it’s important to know what kinds of properties are typically priced lower. This requires looking at MLS listings more closely and checking a few government records.

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