The record-setting housing market has brought anecdotes of frustrated home shoppers being repeatedly outbid and using risky strategies, such as waiving contingencies, to be competitive. But new data from Zillow’s Consumer Housing Trends Report1 debunks common misconceptions that all buyers have the ...

Tagged with: home offers

Reader question: We have an accepted offer on a home. The home we really wanted has come down in price, and we would love to get it. Can we do this? Monty’s answer: The first consideration is to accept that ...

Tagged with: home offers

One in five recent homebuyers said they made an offer sight-unseen, according to Redfin (www.redfin.com), the next-generation real estate brokerage. This statistic was discovered from a Redfin-commissioned survey in May of 1,463 people across 14 major markets who had bought ...

Tagged with: home offers

Q: Your article is a good one, but there are a few minor inaccuracies. First, there is another response to a buyer’s bid, and that is, no response. This usually means that the offer expires because most realtors will only ...

Tagged with: home offers

Thirty-three percent of people who bought a home in the last year made an offer without first seeing the home in person, according to a May survey of 3,350 homebuyers and sellers commissioned by Redfin ( www.redfin.com ), the next-generation ...

Tagged with: home offers