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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? It’s in your best interest to shop around for good mortgage rates and terms prior to getting pre-approved.

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When Is the Best Time to Buy a House in Texas?

HomeLight

In addition, Leonard points out that builders can be incentivized to negotiate to clear new construction inventory at the end of the year, offering deals in December that are no longer available in January. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry.

Agents 88
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Our 19-point house-hunting checklist for real estate agents & their clients

Housing Wire

Get pre-approved with a local lender. Yes, many buyers will hop online and get a generic pre-approval letter. Yet they’ll be unable to because they aren’t pre-approved for that amount. Even new construction properties have flaws, and buyers need a complete picture of the property they’re buying.

Agents 402
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Construction loan. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. Pre-approval. Contingency.

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San Jose Real Estate Market & Investment Overview

Marco Santarelli

It compares key housing metrics of the San Jose housing market from March 2021 with March 2020. . Median Days on Market was 8. Impact of the Pandemic on San Jose Housing Market. So, you’d find a lot of distressed sellers in this area and get some discounted off-market deals. Pre Foreclosures. Prior Month.

Marketing 126
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NYC Real Estate Market 2020 Overview

Marco Santarelli

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. NYC Real Estate Market Prices & Trends Before COVID-19. Home sales in the NYC housing market were down 46 percent from last year's June. Median Days on Market were 84 which was 6 days faster than last year.

Marketing 142