NAR reports September’s sales pace remained below 4 million, while more inventory gave buyers negotiating room and higher rates weighed on the outlook for demand
Tagged: Concessions
HomeLight survey shows financing strength and favorable contingencies can help buyers compete on more than price
Pending sales fell to a six-month low as inventory increased, giving originators more room to use seller concessions to make difficult purchase deals work
The slowdown comes during the traditionally busy spring selling season, while buyers continue to gain negotiating leverage through concessions and inspections
Nearly half of home sales included seller concessions in May, creating new opportunities for borrowers to reduce upfront costs and negotiate better terms
Lower home sale returns are reshaping borrower equity, concessions, and transaction stability across U.S. markets
Home inspection hurdles and financing issues were some of the most cited reasons for buyers backing out of deals
Losing their low-cost mortgage was not the top concern
Redfin says that’s nearly double the rate a year earlier.