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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. What is DOM?

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

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NYC Real Estate Investment: Where To Invest In New York City?

Norada Real Estate

of foreign investors choose NYC for real estate investment – Both commercial and residential real estate sectors. On average, homes in Upper East Side sell after 175 days on the market. The trend for median days on market in Upper East Side has gone down since last month, and slightly up since last year.

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Atlanta Real Estate Market Overview 2020

Marco Santarelli

On average, homes in Atlanta, GA sell after 60 days on the market. The trend for median days on market in Atlanta, GA is flat since last month., Atlanta Housing Market Prices & Trends 2020. As an investor, you can buy a fully renovated turnkey rental property in Atlanta. and flat since last year.

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Richmond VA Real Estate Market & Investment Overview

Marco Santarelli

Days on Market Until Sale are 18, down 43.8%. Days on Market Until Sale are 18, down 14.3%. Large sections of downtown will be renovated and redeveloped to include new condos, retail and commercial space. This will increase the value of all properties in the Richmond housing market in and around downtown.

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Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

Day On Market. In a market that is considered “balanced,” the housing market predicts that the average days on market (DOM) for a home is 65 days. In Philly, the average was 41 days, showing a strong favorability to sellers. You simply cannot evict someone to renovate the property.

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