concessions

Plunging Housing Starts Is Bad News For Spring 2009 Home Buyers

November 20, 2008

When it comes to housing data, there are always two questions to consider: How does this impact buyers? How does this impact sellers? This is why housing data is rarely positive or negative on a universal level — one group of Americans is going to see benefit. Today, it’s home sellers. From the government, we […]

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Good News For Homeowners : Housing Starts Tumble In July

August 19, 2008

Housing Starts measure the number of new housing “units” on which construction has started and in July, Housing Starts fell to its lowest levels since March 1991. For homeowners, this is a welcome bit of good news because as fewer homes are built, there is less inventory from which home buyers can choose. With fewer homes […]

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Buyers, You Will Pay More For A Home Than The Agreed-Upon Purchase Price

November 29, 2007

In real estate, the true cost of buying a home is always higher than the home’s purchase price itself. This is because of service charges from governments, lenders, and title/escrow companies. Because there is no such thing as “typical” closing costs because each home purchase is different, home buyers should remember that the actual cost […]

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How “Repair Credits” To The Buyer Can Sabotage Your Home Sale

May 18, 2007

When buyers and sellers look for common negotiating grounds, it’s common for the buyer to request home improvements to be made prior to the sale. The request may be phrased in any number of ways: “The hardwood floors are warped and we think the seller should pay for it.” “There is a leak in the […]

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