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'Concessions have made a comeback': In a cooling housing market, sellers pull out all the stops to lure buyers

Por: MarketWatch Business January 07, 2023

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“‘Sellers realize they’re not going to get $80,000 over the asking price like their neighbor did last year.’” — Van Welborn, a Redfin real estate agent in Phoenix Concessions refer to tactics sellers use to reduce the total cost of purchasing a home for a buyer. That includes providing money for repairs, or covering closing costs, or mortgage-rate buy-downs. It doesn’t refer to a cut in the list price. With the , buyers are finding... + full article



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