Remove Construction Remove Days on market Remove Renovation
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How to prepare a comparative market analysis (CMA) report

Housing Wire

Focus on properties that closed with reasonable terms and within a reasonable number of days on market. Pro Tip: You don’t need to include all the property details in your Comparative Market Analysis. Select active listings comps Choose active listings near to the subject property. They are more appropriate for an appraisal.

Marketing 413
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River City Sellers: Learn How to Sell Your House Fast in Richmond

HomeLight

According to Mike Boone , a top local real estate agent who works with 66% more single-family homes than his peers, it’s not uncommon for Richmond homes to sell in two to three days. Five years ago, they were more open to making renovations, but with life being busy and more people working from home, they don’t want to do big renovations.”.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

“Generally, I start from the back — what is the after-repair value (ARV) when the house has been fully renovated? Inflation has had a big impact on renovating a house and that is something flippers have to take into consideration when creating a budget, Wise adds. I determine what is the most I can get out of it.

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How to Do a Comparative Market Analysis: A Step-by-Step Guide

The Close

Renovations or major changes since the last time the home was sold. Days on market. A solid comp is a property that has been: Sold in the last 12 months (or, in fast-moving markets, the last six months) Near to your subject property on the map Closed within a reasonable number of days on market and sale terms.

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Cape Coral Housing Market: Prices, Trends, Forecast 2023

Marco Santarelli

Median Days on Market The median days on market for homes in Cape Coral, FL was 80 days in January 2023. This means that on average, homes take about 80 days to sell. The trend for median days on market in Cape Coral, FL has gone down since last month, and slightly up since last year.

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San Diego Real Estate Market & Investment Overview 2020

Marco Santarelli

Today, the general trend for SFR construction in San Diego County is still far below the 2002-2004 numbers. The next peak in single-family residential construction will likely begin around 2021 but it is highly unlikely to return to the frenzied mortgage-driven numbers seen during the Millennium Boom. Median Days on Market equaled 8.

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

Marco Santarelli

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. On average, homes in Washington Heights sell after 272 days on the market.