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Xactus targets lenders through active listing data

Housing Wire

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. 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.

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How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

HomeLight

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Typically, it’s best to list it at market value to recoup as much money as possible. The process. The timeline.

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Why home-price growth is still up 18% year over year

Housing Wire

From Realtor.com : Even with demand weakness in recent months, days on market are still low. Because total inventory data is still low historically, the days on the market are not growing, year over year, per the last two existing home sales reports. From Redfin. However, not to the degree we saw from 2005-2008.

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I Need to Sell My House Fast, What Are My Options?

HomeLight

Even in today’s hot seller’s market where homes attract offers in as few as 16 days , it takes around 2-plus months to sell a house from list to close. And that doesn’t account for the weeks needed to clean, paint, and tidy up the property for its market debut. 2) Wait for the lender to close on your buyer’s mortgage.

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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. copy to clipboard Short sale approach: Ms.

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24 Qualifying Questions to Ask a Realtor Before You Hire One

HomeLight

If you need to make repairs but also need a quick close, a good agent can give you the names of handyworkers. What are the average days on market for your listings? The average days on market is how long it takes for an agent’s listings to sell. What is your average list-to-sales price ratio?

Agents 125
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Do I Accept the First Offer on My House, or Wait and See?

HomeLight

According to a 2021 National Association of Realtors® survey, financing difficulties were responsible for 29% of closing delays and 10% of terminated contracts. Depending on your selling circumstances, a cash offer from HomeLight’s Simple Sale platform may be the solution you need for a quick, confident sale. Real Estate Agent.