Housing News   More Home Sellers Offer Buyers Concessions   When the housing market was at its peak, home sellers had the advantage. It was common for a homeowner with an attractive listing to receive multiple offers from interested buyers. Put simply, it was a sellers' market. These days, things have obviously changed. Higher mortgage rates and more challenging affordability conditions mean home sellers have to work a little harder to entice potential buyers. It is leading more of them to offer buyers concessions.   But what are concessions? Well, they can be a lot of things, including mortgage rate buy-downs and covering closing costs or the cost of home repairs. They are becoming more common as the market begins to find better…

428 Views, 0 Comments

Read Full Post