What Happens When A Home Purchase Contract Expires?
Real Estate Tip:
Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.
Real Estate News:
Home buyers retreated from record-high down payments across the U.S., with down payments reaching an average of 14.5% and a median down payment amount of $30,300 in the third quarter of 2024, down from the Q2 2024 historical peak of 14.9% and $32,700.