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  1. www.bankrate.com › real-estate › should-i-buy-aShould I buy a house now, or wait? - Bankrate

    5 days ago · The odds of a recession within the next 12 months now stand at 33 percent, according to Bankrate’s most recent survey. And as you might imagine, recessions are a risky time to buy a home. If...

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  2. www.jpmorgan.com › real-estate › us-housing-riskDoes the U.S. Risk Another Housing Market Fall? | J.P. Morgan

    2 days ago · September 20, 2023. The U.S. housing market peaked in June 2022, followed by seven months of declines. Activity looks to be picking up, but challenges lie ahead that could put pressure on the market, including high mortgage rates, a lack of affordability and waning demand for homes.

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  4. ibuyer.com › blog › how-long-does-a-house-stayHow Long Does a House Stay in Contingent Status?

    May 3, 2024 · The average length of a home sale contingency offer is 30 to 90 days. The length is set at the time of the home purchase agreement. The home buyer and seller agree on a contingency time frame when they sign the purchase agreement. Home sale contingencies, for example, are usually 30 days. If the buyer’s home doesn’t sell within 30 days, the ...

  5. www.realtor.com › advice › buyCan You Offer Less on a House? How to Lowball and Negotiate ...

    May 20, 2024 · Yes, the seller may have multiple offers and you may end up back on the house hunting trail. But, it’s better to keep looking for a house you can afford than to default on your mortgage and end ...

  6. www.nerdwallet.com › article › mortgagesMortgage Underwriting: A Guide for Home Buyers - NerdWallet

    May 3, 2024 · The mortgage underwriting process. Here's how underwriting works: Review of your finances. The underwriter will go over your finances, including your credit score and report, employment history,...

  7. www.newamericanfunding.com › blog › what-doesWhat Does Contingent Mean in Real Estate? | New American Funding

    May 6, 2024 · May 6, 2024. Adam Luehrs. Real Estate Tips. The word "contingent" means something that is dependent on certain conditions or circumstances. When it comes to real estate, the term is usually applied to home offers, meaning that that closing is "dependent on certain circumstances."

  8. www.noradarealestate.com › blog › what-happens-toHousing Market Crash: What Happens to Homeowners if it Crashes?

    May 14, 2024 · The median home sales price was $346,900 in 2021, up 16.9% from 2020, and the highest on record going back to 1999, according to the National Association of Realtors. Home sales had the strongest year since 2006, with 6.12 million homes sold, up 8.5% from the year before.

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