HomeLight

APRIL 29, 2021

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Your bank account will thank you!

Marketing 109

Marketing Sales Agents Construction 109

HomeLight

JULY 29, 2022

It helps to know where the market is now and where it’s headed. In a buyer’s market. In a buyer’s market , inventory exceeds demand, typically resulting in homes spending more days on market , and thus, resulting in pressure on the seller to reduce the price or offer concessions to incentivize a buyer.

Debt-to-income ratio 109

Debt-to-income ratio Loans Rent back Equity 109

HomeLight

JANUARY 28, 2021

A report from CoreLogic recently revealed that homeowners enjoyed an average annual equity gain of $17,000 in Q3 2020, pushing equity levels to record heights nationwide. On the heels of a gangbusters year for housing , Americans are house-rich. But as home prices across the country surge, so do intense waves of coronavirus cases.

As-is 104

As-is Purchase and sale agreement Agents Equity 104