What Happens When A Home Purchase Contract Expires?, The Perils Of Overpricing, Did Home Buyer Down Payments Peak?

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.

What's A Good Cap Rate For A Rental Property?, Useful Home Inspection Tip, Home Builder Sentiment Trend

What's A Good Cap Rate For A Rental Property?

Real Estate Tip:

Check references and get a sample inspection report before you hire a home inspector.

Real Estate Insight:

Home builders sentiment fell slightly in April from an 11 year high in March.

Risky But Powerful Tactic For Home Inspection Repair Requests, Property Maintenance Budget Planning, National Rent Decline?

Risky But Powerful Tactic For Home Inspection Repair Requests

Real Estate Tip:

Put money aside for property maintenance. Two pricey items to focus on for property maintenance are your roof and your heating and cooling systems.

Real Estate Insight:

Rents in major US cities declined about 1% in 2016 from 2015 levels