Remove Commercial Remove Days on market Remove Renovation Remove Sales
article thumbnail

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?

article thumbnail

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. At the time of sale, it was nearly 100% leased for fall 2020.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. At the time of sale, it was nearly 100% leased for fall 2020.

article thumbnail

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

Norada Real Estate

This can make a particularly compelling case to buy residential properties for investment purposes in expensive markets like New York City. Most homebuyers who use a mortgage loan to finance their purchase will need to put down a certain percentage of the sale price. The median sale price was $1.1M. The highest no.

article thumbnail

Atlanta Real Estate Market Overview 2020

Marco Santarelli

The median residential sales price for all properties has increased by 11.64% to $275,000 compared to the previous year. After five months, sellers are back in the housing market with new listings being gradually added to solve the low inventory issues which have been keeping many buyers at bay. The median sale price was $319K.

Marketing 138
article thumbnail

Richmond VA Real Estate Market & Investment Overview

Marco Santarelli

Let’s look at the Richmond housing market trends and forecast before discussing why you should consider investing there. Over the last two years, available homes for sale have dropped by more than half. months, which means that’s how long it would take to deplete the inventory to zero at the current sales pace. percent overall.

Marketing 116
article thumbnail

Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

Philadelphia has been one of the hottest real estate markets in the country in 2020 and its market temperature remains sizzling hot. It means that the demand from buyers is exceeding the current supply of homes for sale. So, regardless of where you are buying, the market will be almost the same – competitive.

Marketing 126