Our 4S Ranch escrow fell apart yesterday on a quirk in the loan underwriting process. The buyer had a glitch in his visa record with the government, where it showed as pending, not approved. Boom - bank wouldn't give him a mortgage. It is usually hard to re-ignite...
The trend of paying over the list price is increasing. NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% Most sellers and agents are happy just to get 1% to 5% over list which will cover some or all of the commission. There were...
This is the other article that several people sent in - thank you! Rob Dawg wondered if these cases of dozens of offers could be tempered by putting the right price on these from the beginning. The agent's Zillow profile shows 30 sales in the last year - and 26 of...
Pending home sales, a measure of signed contracts on existing homes, fell a wider-than-expected 10.6% in February compared with January, according to the NAR. Sales were 0.5% lower year over year. There were just 1.03 million homes for sale at the end of February, a...
