Slowing home sales could mean a return to contingencies

Slowing home sales could mean a return to contingencies – Orange County Register

Demand is dropping and supply is increasing. This is most certainly linked to a 2-point increase in interest rates, soaring gas prices, and the slippery slope between a bull and bear market on Wall Street.

With change in the air, patience and creativity will come into play for both sellers and buyers.

For sellers, this means patience in the form of waiting days, weeks or even a month or two to find a buyer for your house. Creativity means seriously considering accepting a contingent offer.

https://www.ocregister.com/2022/06/02/slowing-home-sales-could-mean-a-return-to-contingencies