Remove Days on market Remove Development Remove Pre-approval Remove Real-estate owned
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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. These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Days on market (DOM).

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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. Bank Owned.

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