
NAR: No Evidence of Panic-Selling
The National Association of Realtors says its weekly flash survey of its members shows no sign homesellers still on the market are panicked and lowering prices in a hurry.
The National Association of Realtors says its weekly flash survey of its members shows no sign homesellers still on the market are panicked and lowering prices in a hurry.
Homebuyers sometimes pour every dollar they have into the transaction. But a new study found that buyers with post-closing liquidity of three months or more were five times less likely to default on their mortgages.
In most real estate transactions, the focus is on the purchaser and whether he or she can afford to buy the property. But there is another, equally important question: Can the seller afford to sell?