Tag Archives: Mistakes buyers are making

Mistakes buyers are making

This summer has been the hottest housing market in almost seven years, according to the U.S. Census Bureau, which reported that new construction grew at an annual rate of 6.9 percent in June of 2012. In addition, home prices rose for the first time in seven months, according to the Home Price Index, and homes in pending status rose 9.5 percent from June 2011 to 2012, according to the National Association of Realtors. This supports what I have discussed in a previous column: That multiple offers are back, and can cause buyers to pay more than they would prefer, and …

Read More »

Want More?

Subscribe to our print magazine
or give it as a gift.

Click here for details