Banks Days on market Inspection contingency Pre-approval 
Real Trends
DECEMBER 27, 2022
Before a mortgage is approved, lenders will have a property appraisal. On the buyer’s side, if a property’s appraised value is lower than the contract’s value, the mortgage may be declined; the mortgage may be approved if the buyer contributes cash up-front (to make up for the difference in value). Home sale contingency.
HomeLight
AUGUST 25, 2020
The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. home was on the market for an average of 24 days , with Ellie May estimating an average of 46 days to close on a purchase loan. Your sale could be different.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
HomeLight
MARCH 30, 2021
Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? It’s in your best interest to shop around for good mortgage rates and terms prior to getting pre-approved.
Marco Santarelli
AUGUST 2, 2020
Let us continue to explore the housing market trends — from pre-COVID-19 days until July. NYC Real Estate Market Prices & Trends Before COVID-19. About 1 percent of Redfin customers waived either a financing or inspection contingency last month. Days on Market increased 17.9 year-over-year.
Expert insights. Personalized for you.
60 
Let's personalize your content