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Nearly half of home sellers are offering concessions

Housing Wire

According to a new report from Redfin , 44.4% of home sales from January through March included concessions such as money toward repairs, closing costs or mortgage rate buydowns. McVay said concessions have become a strategic way for sellers to meet buyers financial needs without lowering their sale price. Thats up from 39.3%

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loanDepot eyes purchase business in the South with new mortgage JV

Housing Wire

loanDepot has signed a new joint venture agreement with Smith Douglas Homes , a top-50 homebuilder with a solid book of business in the Southern states.

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The 11 do’s and don’ts of buying a new build

Housing Wire

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. New builds come with builder warranties and construction quality may vary due to labor shortages, and delays can occur.

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What to Look For in New-Construction Homes: These 5 Crucial Aspects Should Be on Your Radar

Realtor.com

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. Do the materials and style of construction match the neighborhood?”

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Existing home sales rise in June as inventory improves

Realty Biz

Existing home sales rose by 1.4% million units, following four months of declining sales. The sales numbers are based on transactions closed in the month, so they could be contracts signed in April or May, the National Association of Realtors reported. Sales are still up massively on an annual basis. month supply.

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

A man in Iowa in the late 1800s would get a loan from the bank, take a train to Chicago, purchase a home, come back and the house is delivered, and his neighbors help him assemble it.”. Then, there was an $11,000 financing cost, a $49,000 tab for an open house and general expenses, and $28,000 toward a real estate agent’s sales commission.

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Ready to Sign the Purchase Offer for Your House? Here’s How to Read the Fine Print

HomeLight

Now that you have a purchase offer in hand, you’re in the home stretch, so to speak, of selling your house — but don’t sign the paperwork or pop the champagne just yet. Find a top real estate agent near you We analyze millions of home sales to find real estate agents that sell homes faster and for more money.