Home Buyers Take the Advantage
Posted by Patrick Hake on
The real estate market here in Placer County has been a roller coaster in 2022.
During the first third of the year, the vast majority of homes were sold in weeks, rather than months, their asking prices were bid up, multiple offers were the norm, and home buyers were forced to accept terms that often left them with no appraisal contingency, no opportunity to request that items be repaired after inspections, and no control on how the process unfolded.
Many buyers that had homes to sell of their own, or that had unconventional or less appealing finance requirements, were often unable to compete on the most sought-after homes and in many cases were left without a home after many, many offers.
The middle third of the year was a period where the ball…
897 Views, 0 Comments