What's been interesting to me especially just hearing the anecdotes from this weekend is how mixed the response has been, where we are getting signals that buyers are still going to go through with it, that sellers are coming onto the market, and sales are going to keep happening. Elsewhere...
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“Sellers are more and more wanting to pay 2% to a buyer’s agent,” saidJonathan Chvala, a Redfin Premier agent in Chicago. “Now we’re negotiating commission more frequently.” So far, increased negotiations haven’t resulted in a significant decline...
Serving homebuyers and sellers in the Denver area, Maya Lewis is a top real estate agent at Redfin with the latest market insights and local expertise. With years of experience as a real estate agent in the greater Denver area, Maya Lewis possesses a wealth of knowledge and expertise in the...
market. When taking this approach, one thing to consider is that the seller will net the purchase price minus the amount paid toward the buyer’s closing costs. For example, if a home is on the market for $300,000, a buyer can ask for $10,000 in closing costs vs. offering $290,...
Chicago Public Media offers buyouts to Chicago Sun-Times journalists and WBEZ business staff; CEO Melissa Bell is aiming to shave $3M-$5M from the annual budget Charlotte Klein / New York Magazine: David Remnick, editor of The New Yorker for over a quarter of a century, remains at work ...
Get the latest real estate news and research about the housing market, home prices, bidding wars, predictions, and hottest neighborhoods from tech-powered real estate company Redfin.
With that being said, the housing market is always fluctuating and real estate tends to appreciate in value over time. This can help offset the cost of buying a house with low credit. However, if you’re unable to meet the minimum credit score requirements to get approved for a mortgage ...
Submit yourbest offerearly, ideally above asking price if the market is competitive. A larger earnest money deposit and fewer contingencies (while still protecting yourself) can also make your offer more appealing. 3. Act fast and be flexible ...
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