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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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The Relationship Between Leverage & ‘Days On Market’

Toronto Realty Blog

If a property came onto the market today for $599,900, you went to look at it, and you were quite interested, how much would you offer? What type of market are we in? “We just came onto the market today.” And truth be told, when your listing is new, you have leverage no matter the market conditions.

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Home staging helps reduce days on market, agents report

Real Trends

As days on market has lengthened for home sellers, it is not a surprise to see the return of home staging as a tool to attract potential buyers,” Jessica Lautz, NAR’s deputy chief economist and vice president of research, said in a statement. “As The trade group received a total of 1,921 usable responses.

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Does Days on Market (DOM) Matter in Real Estate

Realty Biz

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

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Selling a House ‘As Is’ in Tennessee

HomeLight

Fast facts about selling a house ‘as is’ in Tennessee Median sales price in Tennessee $371,900 (November 2023) Average days on market (DOM) for Tennessee 48 Disclosures “The Residential Property Disclosure Act in Tennessee Code Annotated § 66-5-201 to 210 requires most sellers of residential real estate to complete a disclosure statement.”

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Selling a House ‘As Is’ in Michigan

HomeLight

Fast facts about selling a house ‘as is’ in Michigan Median sales price in Michigan $291,186 Average days on market (DOM) for Michigan 42 Days Disclosures Michigan law requires sellers to disclose material facts about the property through the Seller Disclosure Act (Act 92 of 1993). MLS has a field to mark a listing “as is”?

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Selling a House ‘As Is’ in Virginia

HomeLight

Skip repairs and close in as few as 10 days. Looking to sell a house “as is” in Virginia? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. The second reason we come across is speed and convenience. Yes Is a real estate attorney required?

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