Author Topic: Burned by Hot Housing Market, Some Buyers Back Off  (Read 452 times)

0 Members and 1 Guest are viewing this topic.

Offline WTTCHMN

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 15
  • -Received: 330
  • Posts: 2066
Burned by Hot Housing Market, Some Buyers Back Off
« on: July 23, 2021, 08:29:38 AM »
Burned by Hot Housing Market, Some Buyers Back Off

https://www.nytimes.com/2021/07/23/realestate/housing-market-burnout.html

Offline USCTrojanCPA

  • Your CPA Realtor
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2597
  • -Received: 2081
  • Posts: 10225
  • Gender: Male
Re: Burned by Hot Housing Market, Some Buyers Back Off
« Reply #1 on: July 23, 2021, 05:59:04 PM »
Burned by Hot Housing Market, Some Buyers Back Off

https://www.nytimes.com/2021/07/23/realestate/housing-market-burnout.html

I'm sure there are those buyers who have second thoughts when they are the winner of a bidding war (aka winner curse) but those are far and few between.  I got a buyer two of the same floor plans in a Garden Grove tract using a no limit escalation clause in the counter so they cancelled escrow on the first house as they liked the second house better.  Those are the other situations where buyers cancel escrow.
Martin Mania, CPA
AgencyOne
CA BRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!
Have license, will travel!

 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


Recent Posts

SimplePortal 2.3.7 © 2008-2021, SimplePortal