The 1 mistake buyers should avoid in a hot real estate market

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Things are hot, hot, hot when it comes to buying a home right now.

Compass Executive Vice President Mike Aubrey argues the market will remain 'very strong' in 2022 despite expected rising rates and low inventory."A neutral market is six months for a house to be on-market: 180 days," Ryan Ross, realtor at New Jersey-based Weichert, Realtors, tells FOX Business. are seeing houses go over-asking in 30 days, Ross says. "This is an extreme seller's market, and has been for almost a year," he adds.

Ross said that if buyers don’t through with an inspection, they could end up paying for asbestos, underground oil tanks, plumbing issues and more "which could cost hundreds of thousands of dollars." Jason Gelios, Michigan realtor and real estate author shares that he also considers the biggest mistake home buyers can make is waiving the home inspection "in an effort to have their offer stand out."

For potential homebuyers, it appears things may be tipping in their favor after a wildly competitive 2021.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Fox business is a disloyal network by posting fake articles and it’s a shame because you tried so hard to follow the constitution

Why are you posting fake news on facebook?

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 458. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

5 things to know before the stock market opens FridayU.S. stock futures fell Friday after Dow stock JPMorgan fell nearly 3% in the premarket as investors parsed quarterly results.
Källa: CNBC - 🏆 12. / 72 Läs mer »