Tag: Buyrealestate

Posted on 03/30/2023
What Are Contingencies in Real Estate Transactions
Author: Bill Gassett What Does Contingency in Real Estate Mean The definition of a contingency is an action or condition that needs to be met for a real estate contract to become legal and binding. The real estate contingency definition is something that all buyers, sellers, and agents should be intimately familiar with. Real Estate contingencies have become an...
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Posted on 01/07/2022
Homeownership Still More Affordable Than Renting
Home prices may be growing faster than rents in most places across the country, but homeownership still beats renting financially, shows a new study from ATTOM Data Solutions, a real estate data firm. Owning a median-priced home is more affordable than the average rent of a three-bedroom property in 58% of 1,154 counties tracked in the report. Researchers analyzed...
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Posted on 09/27/2021
Housing Market Update
Sales of existing homes fell, and much-needed inventory also ticked lower, unfortunately. However, sales of new homes beat expectations, rising between July and August. Builder confidence held steady in September, per the National Association of Home Builders Housing Market Index. This real-time read on builder confidence came in above expectations. The drop in lumber prices and stabilization of other...
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Posted on 10/27/2020
Refinance and Save $$$
The mortgage rates have hit yet another record low, so it is no wonder so many Californians are refinancing their homes. In fact, the refinance applications are 111% higher than in 2019, according to the Mortgage Bankers Association. But before you refinance your home there are some things that you should know about the process. Calculate Your Mortgage Refinancing...
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Posted on 03/02/2020
Mortgage Minute
From HousingWire.com:Low mortgage rates drove the nation’s housing market potential to a two-year high in January, according to First American.Mark Fleming, the company’s chief economist, said the market potential for existing-home sales climbed to the highest level since January 2018.Fleming primarily attributes this growth to low financing costs and rising demand fueled by Millennial homeownership.“In 2020, 4.8 million Millennials...
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