Real Estate/Development
Jul. 11, 2023
The hot real estate market has a surprising downside for sellers
The more a buyer pays and the more hoops they have to jump through to close a deal, the more likely it is that a buyer will pursue a lawsuit when a seller fails to disclose a home’s defects.
Deb Graceffa
Graceffa mediates civil and real estate disputes across a wide spectrum of parties and issues. Prior to practicing law, she was a residential and commercial real estate broker.
The real estate market in California defies reason. While Federal Reserve officials again raised interest rates by a quarter-point in mid-2023 – the 10th straight increase in an aggressive campaign to tame rapid inflation – it would stand to reason that the market would soften. But in many market segments, it has not.
In the Bay Area, the median sale price grew steadily and the number of homes selling over the asking price is still close ...
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