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Xactus targets lenders through active listing data

Housing Wire

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

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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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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What Buyers Can Do in an Extreme Sellers’ Market

Realty Biz

Here is some bright news for buyers, according to Realtor.com, new MLS listings were up in early to mid-April by about 40% over last year. Then the residential market rebounded quickly. Learn the number of new listings that have come on the market in the past month or six weeks. This is called days on market or DOM.

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Is There a Market Correction on Its Way?

McKissock

Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. B) Days on Market for listings increase. H) Having to go to alternative neighborhoods for comparables because home prices are growing out of reason for the immediate market area. Obvious signs.

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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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Can You Get a Comparative Market Analysis For Free, No Strings Attached?

HomeLight

The agent searches the Multiple Listing Service (MLS) for current and previous listings over the past three to six months , depending on market conditions. In his office, the CMA includes the following for the subject property and its comps: The MLS number. These properties are known as “comps.” Number of bedrooms and bathrooms.