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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

In any given moment, we can look to certain indicators to suggest what market stage an area may be in: Active housing inventory. Preforeclosure and bank-owned properties, or REO. This is because the market is still experiencing a feeding frenzy from buyers and investors looking to cash in on the appreciation from the previous cycle.

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How to Calculate Market Value of Property in 2023?

Marco Santarelli

When a real estate housing market crashes , there are so many foreclosure and bank REO sales, figuring out the real value of a property can be difficult. When there is a large supply of properties available for sale in the housing market, it can be challenging to determine the true value of a specific property.

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How to Sell Your House in 5 Days Flat: Quick Tips and Creative Techniques

HomeLight

Here are a few essential questions you should consider: What’s your average days on market compared to the market average? Days on market (DOM) is the number of days between the day a home is listed on the MLS and the day it’s sold or taken off the market.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

Average days on market for Wisconsin. 46 Days (from listing to contract). MLS has field to mark a listing “as is”? Sellers must disclose any known issues related to wells, septic systems, and storage tanks, including: Well defects due to construction issues, improper closure or contamination. 265,501 (April 2022).

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

When buying an REO ( real estate owned/lender-owned property ), the banks like to work with cash. That limits your risk and your days on market. That limits your risk and your days on market. Work with your real estate agent to evaluate rental listings and tap into the MLS. Wise agrees.

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Richmond VA Real Estate Market & Investment Overview

Marco Santarelli

Housing data collected by the Richmond Association of REALTORS® through Central Virginia Regional MLS. Forbes ranked Richmond, Virginia at #8 in their list of “15 Housing Markets That Are Hot in 2020.” Days on Market Until Sale are 18, down 43.8%. Days on Market Until Sale are 18, down 14.3%.

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Scottsdale Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Homes typically sell after 42 days on the market. The median days on market in Scottsdale, AZ has remained stable over the last month and slightly decreased over the last year. These are the properties that may be coming to the market soon but are not yet found on a multiple listing service (MLS).