SE Michigan News

Yes, It’s a Crazy Market


The real estate market is experiencing record low inventory and record low interest rates.  Either one could make the market a little crazy, but when you have both of these dynamics together it has created a market unlike anything we have seen before.   We talk about how buyers need to expect they will face competition and how an experienced team of an agent and lender working for them can make all the difference.  We also discuss how buyers are choosing to waive the appraisal contingency and/or the private inspection to sweeten their offer and offering free occupancy to sellers after the sale.  We round out our covering what has sellers on the sidelines and how a seller’s contingency to find a house before selling theirs is becoming popular again. 

 

 

Listen to “Yes, It’s A Crazy Market” on Spreaker.

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