Brad Caldwell+FollowWhy So Many Home Deals Are Falling ApartEver notice more 'For Sale' signs sticking around? Turns out, a record number of homebuyers are backing out of deals—over 15% last month! With sky-high prices and mortgage rates, folks in places like Texas and Florida are walking away more than ever. If you’re house hunting, you might have more room to negotiate, especially in the Sunbelt. Sellers are starting to sweat, so don’t be shy about asking for perks or price cuts! #RealEstate #housingmarket #realestate4133Share
russellolson+FollowWhy Everyone’s Backing Out of Home DealsEver feel like you’re not the only one ghosting your dream home? Turns out, a record number of buyers are ditching deals before closing—about 1 in 7 last month! With sky-high prices and mortgage rates, more folks are hitting pause on big moves. If you’re house hunting, you might have more wiggle room to negotiate or just walk away if it doesn’t feel right. The market’s finally giving buyers a little breathing room! #RealEstate #housingmarket #realestate130128Share
Brad Caldwell+FollowMortgage Rates Chill, But Homes Still PriceyThinking about buying a house? Good news: 30-year mortgage rates are hanging out at their lowest in almost a year—so borrowing isn’t getting pricier (for now). But don’t get too excited—home prices are still sky-high, and sellers are starting to throw in perks like covering closing costs to sweeten the deal. If you’re waiting for a big drop in rates, experts say don’t hold your breath. For now, it’s all about hunting for deals and negotiating extras! #RealEstate #mortgagerates #housingmarket20Share
Shelly Powell+FollowMortgage Rates Dip—Is It Time to Buy?Heads up, home hunters! Five-year fixed mortgage rates just slipped under 5% for the first time in over a year. That means your dream home might actually be a bit more affordable now. Lenders are rolling out more deals, so if you’ve been waiting for a better rate, this could be your moment. Just remember, house prices and rents are still creeping up, so weigh your options before jumping in! #RealEstate #mortgage #housingmarket166Share
Thomas Clark+FollowThe homeowner backed out of the deal because they wanted more money.I am so upset. We found the perfect house on Zillow that was completely in our price range and in the neighborhood we wanted. We were all ready to put in our offer when our realtor told us they had just accepted the first one. So we put in a backup offer, just in case. Then our realtor called us tonight with the most unbelievable news. The sellers want to back out of the first deal and sell the house to us instead. We asked if the first buyer's financing fell through, and our agent said no. The sellers just want more money. The first buyer has already paid earnest money and for an inspection. Our realtor said that in Illinois a seller can back out within a 5-day window. But we told her there was no way we could do that to another buyer. I am so sad about it, though I know in my heart I did the right thing. We can't give up and will start the process again tomorrow. #RealEstate #HousingMarket #HomeBuying #LifeChoices 01Share
Brian Sanchez+FollowWhy Falling Home Prices Could Lower Your BillsGrab your coffee—here’s a money tip: The US housing market is in a serious slump, and that could mean good news for your wallet. If home prices start dropping, it could drag down overall inflation, making everything from groceries to gas a bit more affordable. The catch? If you’re house-hunting, you might see better deals soon. But if you’re selling, brace for lower offers. Either way, keep an eye on those price tags! #RealEstate #HousingMarket #Inflation111Share
Shelly Powell+FollowIs the Housing Market About to Pop?Thinking about buying a house or just nosy about home prices? Here’s the scoop: mortgage rates are still high, homes aren’t exactly flying off the shelves, and prices are barely budging. Some places have too many homes, others not enough. But don’t expect a 2008-style crash—most sellers are happy to wait it out. If you’re house hunting, keep an eye on local deals and hope for lower rates later this year. No fire sales, just a slow simmer! #RealEstate #HousingMarket #MoneyTips197Share
Heather Moore+FollowWhy Lower Rates Won't Make Homes CheaperThinking a Fed rate cut will finally make buying a house easier? Not so fast. Even if the Fed lowers rates, it mostly affects short-term loans, not those 30-year mortgages we all dream about. The real issue? There just aren’t enough homes for sale. So, unless more people decide to move or builders ramp up, don’t expect a big price drop. For now, homebuyers are still stuck in a tough spot. #RealEstate #housingmarket #FedRates00Share
randerson+FollowHomebuilders Are Basically Having a Clearance SaleThinking about buying a new home? Now might be your moment. Homebuilders are feeling the pinch from high mortgage rates, so over a third are cutting prices and two-thirds are throwing in perks to get buyers off the fence. It’s like a clearance sale for new houses! If you’re waiting for rates to drop, keep an eye out—builders are getting creative to make deals happen. #RealEstate #housingmarket #mortgagerates112Share
Brad Caldwell+FollowWhy New Homes Are Getting Harder to BuyThinking about buying a new home? You’re not alone in waiting for better deals. Homebuilders are feeling the pinch as fewer buyers show up, thanks to high mortgage rates and sky-high prices. Builders are even slashing prices and throwing in perks to get folks interested. If you’re house-hunting, it might pay to wait—builders could sweeten the deal even more if sales stay slow! #RealEstate #housingmarket #realestate11Share