6 ms·
I think the market has a lot to do with it. I've bought properties in buyer's markets (recession '08 and '14) and it was barely even mentioned that there was a
by snapetom 4y ago
I think the market has a lot to do with it. I've bought properties in buyer's markets (recession '08 and '14) and it was barely even mentioned that there was a home warranty included. I got the sense from my agents that it was standard.
I've been shopping since September last year and watched the market shift as low interest rates stopped recently. There was a seasonal dip in December 2021, but it was still about 20% higher than even highs of previous years as people scrambled to get good loans before they ended. It was definitely a seller's market. My agent said many winning deals were waiving financing contingencies and even inspection contingencies to sweeten the offer. Home warranties would have been one of the first things dropped.