Buyer Hibernation Ending | AZ Pops | Independence Day
Happy July 2022!
During the surge of home sales from April 2020 - February 2022, some buyers decided to go into hibernation due to multiple rejected offers. Now that there are more homes on the market for sale, buyers are starting to shop again but with a new perspective.
In most cases buyers are able to:
Take more time to decide
Offer at or below list price
Get 10 days to inspect
Have an appraisal contingency
Not have to provide a free leaseback to the seller
Interest rates have been a hot topic too.
This video helps paint the picture and perspective of the roller coaster of rates over time.
If you are curious about any of this information or want to chat about your situation, please feel free to reach out to us.
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