Toronto Realty Blog
OCTOBER 3, 2022
” “Two agents have already asked for a copy of the home inspection.” But because of the relationship between leverage and days-on-market, I had the upper hand. The relationship between leverage and days-on-market sounds like common sense, but it’s not. ” And on, and on, and on.
HomeLight
JUNE 9, 2023
These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. With this active status, days on market will continue to accrue , as well.
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Housing Wire
OCTOBER 1, 2022
The median days on market is just 16 days — a slight increase from the record low seen in the last two months of 14 days. In comparison, in 2011, homes took 96 days to sell. . Another measure the housing market, is whether a Realtor had a client who had a distressed sale in the last month.
Realty Biz
MARCH 13, 2024
Check multiple times per day as inventory moves fast. Making Competitive Offers Offering above the asking price and waiving contingencies like financing and inspections have become common tactics for winning in bidding wars. Remember that appraisals align with market value, not simply what you offer, which could jeopardize financing.
HomeLight
APRIL 18, 2022
The amount of time a home spends on a market (a statistic known as “days on market”) depends on a variety of factors like location, market trends, how your listing is marketed, and pricing. For instance, in Lafayette, LA the median days on market spent is 72 days, while in Atlanta, GA that number is 33 days.
Realty Biz
DECEMBER 19, 2023
No contingencies: Cash buyers won't require an appraisal or inspection, which can speed up the process and save you money. Median Sales Price Median Rent Median Days on Market $251,000 $1,390 23 Walker's Point Another popular neighborhood for cash buyers is Walker's Point, which is located just south of downtown Milwaukee.
HomeLight
NOVEMBER 9, 2021
The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). What do days on market mean? Average Days in 2021. Average Days in 2021. Days on Market.
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