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Rising days on market is ‘toxic’ for ultra-luxury listings

Housing Wire

Homes exposed to more days on market through the MLS are a point of reckoning for those opposed to the Clear Cooperation Policy as they claim it drives down sale prices. And in at least one segment of the national housing market , there appears to be a strong correlation between how long a property is listed and its sale price.

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Days on market grow despite low inventory for existing homes

Housing Wire

The Federal Reserve wanted to see the bidding wars end and the days on the market grow. This is happening, and in the long run, this is a plus for the housing market. I am staying consistent with my work and model when I described the housing market in February as savagely unhealthy. million in October. months to 3.3

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Will ‘days on market’ become the industry’s next big debate?

Real Estate News

Defining days on market is not as simple as it may seem, and leaders have different views on how DOM ties into transparency, consumer interests or even fraud.

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Did home sales momentum fizzle in December?

Housing Wire

Inventory fell There are 635,000 single-family homes unsold on the market now. fewer homes on the market that a week ago. The total number of unsold homes on the market to start 2025 is just 18% fewer than at the start of 2018, seven years ago. Inventory falls quickly over the holidays, so this week has 2.4%

Sales 421
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Your voice matters: Shape the future of real estate in your community

Housing Wire

NAR has announced new flexibility in the CCP for NAR-affiliated MLSs that gives sellers more choice about how and when their homes are marketed. How days on market are calculated. but the listing will not be syndicated or shared through IDX feeds until the seller chooses or the delayed marketing period ends.

MLS 346
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The future of the MLS may be murky, but brokers still want the data

Housing Wire

As he has previously stated, Reffkin highlighted data such as days on market and price drop history, which is typically displayed alongside all listings in the MLS, as being problematic and harmful to home sellers. “I I believe days on market is the killer of value. The MLS is so incredibly pro-consumer. “The

MLS 367
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Compass invites outside agents to use Coming Soon listings in latest shot at CCP

Housing Wire

Compass says that the listings protect home sellers against negative insights, such as days on market. We are working to ensure that NAR and the MLS no longer force homeowners to market their properties in ways that disadvantage them. Coming Soon is part of Compasss three-phase marketing plan for homes.

Agents 332