Deals getting more and more complex as seller’s market ends

As supply and demand for homes increases and decreases over time, shifting us from a strong seller’s market to a more neutral or to a buyer’s market, other factors shift as well.
Multiple offers to purchase the same house, many over the asking price, happen when we are in a strong seller’s market. Now that we are in a slight seller’s market, just on the tipping point to a balanced market, multiple offers are scarce. Today, you are more likely to be dealing with contingent