Market Insight Changes

Week of 8/28 – 9/2

September 4-8

September 1-15

Inspections waived 27% 19% 26%
Pre-MLS sales 3% 2% 4%
Financing:
Cash 17% 18% 21%
Conventional 68% 67% 58%
FHA 10% 13% 19%
DVA 3% 2% 2%
Seller Contributions: 36% 46% 31%
Home Warranties: 7% 10% 7%
Contingent on buyers’ home: 12% 6% 3%
Escalation Clause 7% 5% 4%
Appraisal Gap: 16% 9% 9%
Cancelation Rate 4% 5% 13%

Notice the big jump in cancelations in the week of September 4-8

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