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Stories Tagged as

Home buying

Homebuyers are still waiving inspections. Could the latest Fed rate cut help turn the tide? 

by Janet Nguyen
Sep 30, 2024
In a competitive housing market, buyers are forgoing their right to an inspection, or the right to walk away from a property if it’s not in good condition.
The housing market is so competitive in some areas that buyers feel pressured to waive home inspections.
Marje/Getty Images
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As home prices rise, more deals fall through

by Sabri Ben-Achour
Jul 30, 2024
With prices and mortgage rates high, people are "buying at the edge of what they can qualify for," a real estate economist says.
Rich home values and high mortgage rates heap pressure on prospective buyers in the current market.
Brandon Bell/Getty Images
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In the housing market, more people are starting to back out of deals

by Samantha Fields
Sep 27, 2022
The reasons may vary, but one factor: rising mortgage rate.
More than 15% of home buying deals fell through in August, according to Redfin.
Stefani Reynolds/AFP via Getty Images
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Why a tougher market for homebuyers isn't necessarily great for sellers either

by Mitchell Hartman
Sep 20, 2022
Buyers are seeing lower prices and less competition, but high mortgage rates. And sellers might not see the profits they were hoping for.
A rougher housing market carries challenges for both buyers and sellers alike.
Brandon Bell/Getty Images
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Many homes in Austin are selling way above asking price

by Andy Uhler
Aug 20, 2021
Some 2,700 homes in Austin, Texas have sold for $100,000 or more above their initial listing price this year
Home prices in Austin, Texas have surged 30% in the last year.
Brandon Bell/Getty Images
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Facing bidding wars, more homebuyers are waiving contingencies

by Amy Scott
Apr 23, 2021
Contingencies allow buyers, under certain conditions, to renegotiate or even back out of a deal without losing money.
Buyer protections are often discarded in the current seller's market, which could squeeze out people who can’t afford a lot of risk.
Drew Angerer/Getty Images
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Institutional investors are stiff competition for homebuyers

by Amy Scott
Apr 13, 2021
A report estimates that 1 in 5 homes sold in the U.S. goes to an institution like a pension or sovereign wealth fund.
The added competition for so few houses is further driving up prices for everyone.
Joe Raedle/Getty Images
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COVID-19

What does social distancing mean for homebuying?

by Amy Scott
Mar 20, 2020
Packed open houses mean lots of people touching doorknobs and flipping light switches.
People touch a lot of surfaces during open houses.
Justin Sullivan/Getty Images
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What's making homebuilders so cheery?

by Amy Scott
Sep 18, 2019
Lower mortgage rates should help more people buy new homes.
Frederic J. Brown/AFP/Getty Images
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Home buyers navigate sluggish housing market

by Justin Ho
Oct 24, 2018
Sales of new and existing homes haven't been this slow for years, so what's a buyer to do?
 A 'For Sale' sign sits in front of a new home May 27, 2004 in Miami, Florida. 
Joe Raedle/Getty Images
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