Veronica Dagher

speaker

3,082 appearances 51 recordings 1 series first heard Sep 2017 last heard Jan 2025

Veronica Dagher’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · How to Prepare for the Expected and Unexpected Costs of Homeownership · 28 Apr 2024 podcast

So either... voice-verified

waiving some of the closing costs entirely or at least very much reducing those costs. voice-verified

And that can save you in the long run. voice-verified

You can also ask your seller to chip in to cover some of those closing costs. voice-verified

That can be trickier when we're in a market like we are where sellers still have the advantage largely. voice-verified

But it is a strategy that some people that might work for a home that's less desirable and not many people are super interested in. voice-verified

WSJ Your Money Briefing · Homeowners Want to Sell, but Not With Mortgage Rates Back Above 7% · 23 Apr 2024 podcast

Sellers are such an important part in the housing market because, as you know, you can't buy what's not for sale.

Many sellers are also buyers.

So if you're going from a situation where you have a low rate mortgage and then if you sell that home and you buy a new home and your new mortgage rate is going to be 7 percent or so, that's not very appealing to many people.

Mortgage rates have been range bound around 7%.

And that is putting a lot of cold water on the housing market.

Buyers are feeling very stressed by that.

In the beginning of the year, rates were ticking down a little bit, but now they're back up.

And that is causing many buyers to wait on the sidelines.

Not to mention home prices in many regions overall are up across the U.S.

That is also making it more difficult for buyers to get excited about buying a home when they've got high mortgage rates and still high home prices.

Sellers are such an important part in the housing market because, as you know, you can't buy what's not for sale.

Sellers are worried that they're not going to get the offer, the price that they're looking for, because they know so many buyers are feeling discouraged.

They may not list.

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