Remove Construction Remove Days on market Remove Finance Remove Short sale
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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

During the hot housing market between 2002 and 2007, average home prices jumped by 42% , according to data from the U.S. Federal Housing Financing Agency (FHFA). Sellers can expect to receive offers faster in a seller’s market than in a buyer’s market. Factors that lead to a seller’s market. Homes sell faster.

Marketing 108
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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Financing your flip in New York Purchasing a home to flip with cash is almost always going to be in your best interest — however, not all investors have that kind of funding.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

Median sales price in Wisconsin. Average days on market for Wisconsin. 46 Days (from listing to contract). Sellers must disclose any known issues related to wells, septic systems, and storage tanks, including: Well defects due to construction issues, improper closure or contamination. 265,501 (April 2022).

As-is 104
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Detroit Michigan Housing Market: Trends & Forecast 2021-2022

Marco Santarelli

The median sale price was $95,000. On average, homes in Detroit, MI sell after 60 days on the market. The trend for median days on market in Detroit, MI has gone up since last month, and slightly up since last year. Following the real estate market decline in 2007 in the U.S., Graph Credits: Realtor.com.

Marketing 111
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. Contingency. Related Article. Chances are your client is too. Down payment.

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Bakersfield Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Local real estate professionals have criticized a recent national research warning of housing market problems in Bakersfield, claiming the study's concerns are grossly exaggerated and that, if anything, circumstances are steady, if not improving. Bakersfield Housing Market Trends 2021. The median sale price was $255.3K.