Spring price cuts, days-on-market, continue to climb
Seller price cuts and days-on-market continue to escalate across California in Spring 2023.
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Author: Carrie B. Reyes
The liquidated damages provision and the breaching buyer’s deposit when prices decline
Agents need to be aware of the maximum dollar amount the seller is entitled to receive upon a buyer’s breach – especially when home prices are falling.
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Fewer new listings as California’s for-sale inventory dips
The number of new listings is down dramatically across California’s major metros.
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The breaching buyer’s responsibilities: Part 2
How does a buyer’s breach impact the seller’s ability to collect on a monetary loss in practice?
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The breaching buyer’s responsibilities: Part 1
When does a buyer’s breach of a purchase agreement entitle a seller to recover money losses?
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