In this episode, we dive into the recent Home Buyer Survey conducted by the National Association of Realtors, which reveals signs of a nervous housing market in 2024. Join Wade as he explores the key findings and discusses what this means for home buyers navigating the uncertain waters of the current real estate landscape.
Three must-hear moments:
1. Wade breaks down the startling statistic that 29% of all buyers are first-time home buyers and emphasizes the importance of working with an experienced real estate agent to guide them through the process.
2. Discover the risks and potential consequences of buyers waiving inspection and appraisal contingencies, as Wade shares his insights on this growing trend and its impact on the market.
3. Learn about the factors contributing to the high rate of contract terminations and how this reflects the overall uncertainty and apprehension among home buyers in 2024.
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