Week of 8/28 – 9/2 | September 1-8 | September 1-15 | September 1-22 | |
Inspections waived | 27% | 19% | 26% | 22% |
Pre-MLS sales | 3% | 2% | 4% | 5% |
Financing: | ||||
Cash | 17% | 18% | 21% | 22% |
Conventional | 68% | 67% | 58% | 62% |
FHA | 10% | 13% | 19% | 13% |
DVA | 3% | 2% | 2% | 2% |
Average Purchase to List | 99.4% | |||
Median purchase to list | 100% | |||
Seller Contributions: | 36% | 46% | 31% | 27% |
Home Warranties: | 7% | 10% | 7% | 6% |
Contingent on buyers’ home: | 12% | 6% | 3% | 4% |
Escalation Clause | 7% | 5% | 4% | 5% |
Appraisal Gap: | 16% | 9% | 9% | 9% |
Cancelation Rate | 4% | 5% | 13% | 11% |
Notice the increasing trend in two types of financing: 1) Cash and 2) Conventional.
Two new categories: 1) Average purchase to list price, and 2) Median purchase to list price.
The cancelation rate has increased since September 1st.
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