20% of Buyers Waiting for Prices or Rates to Drop
NAR: Buyer demand is stronger than it appears as 15%-27% of buyers (by ethnic group) wait for lower home prices and 18%-25% wait for lower mortgage rates.
‘Go Green’ Costs Hurting Some Commercial Owners
Some cities expect commercial buildings to reduce emissions or pay a tax, but both options create extra stress on pandemic-harmed structures, such as office buildings.
Buyers Still Waive Appraisal Gap in Some Markets
To secure a home, some U.S. buyers still agree to make up the difference when a mortgage appraisal comes in at less than the contract price – an often risky move.
Categories
Recent Posts
Disgraced Purdue Pharma Exec Richard Sackler Must Forfeit His $63 Million Mansion To Settle Opioid Claims, Judge Rules
Beloved ‘Star Trek’ Actor Patrick Stewart Dies at Home in Los Angeles
Floyd Mayweather Jr. Ordered To Pay $340K After Failing To Settle Rent Dispute Over $100K-a-Month NYC Condo
MLB Legend Matt Holliday Lists Stunning Arizona Estate for $11.6M Just Months After Buying It
Passengers Who Sold Their Homes for a $120K ‘Perpetual Cruise’ Are Now Stranded in Cambodia
Homeowners Face Foreclosure After Developer-Run HOA Raised Monthly Fees to $2.5K
Stevie Wonder’s Ex-Fiancée Calls Him a ‘Manipulator’ as He Moves To Evict Her From L.A. Home of Nearly 40 Years
Down Payment Programs You Can Use Now To Get a Foot Into the Housing Market
Mortgage Rates Drop to 1-Month Low, Offering Buyers Relief Ahead of Midterm Elections
Jennifer Lopez Channels Empty-Nest ‘Devastation’ Into New Music After Twins Leave California Home for College