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I Need to Sell My House Fast, What Are My Options?

HomeLight

In a hot market, homes naturally sell fast. Recent statistics from NAR show homes sat on the market an average of just 16 days in May 2021. But in a regular year, your typical days on market could be more like 35-40 days. In 2019, 87% of recent buyers financed their home purchase , according to NAR.

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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. copy to clipboard Short sale approach: Ms.

Agents 82
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How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

HomeLight

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Typically, it’s best to list it at market value to recoup as much money as possible. The process. The timeline.

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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. Homes sell faster.

Marketing 109
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13 Legit We Buy Houses for Cash Companies in Texas That Sellers Love

HomeLight

In Texas, it typically takes around 86 days — nearly three months — to sell a home on the market using an agent. That includes an average of 32 days on market , plus the typical 54 days a buyer needs to close on a purchase loan. Financing contingency. 1% to 3% of sale price on top of commission.

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6 of the Top We Buy Houses for Cash Companies in Atlanta

HomeLight

Founded in 2014 , We Buy Houses Hotlanta is a family-owned operation that advertises Creative Real Estate and Short Sale certifications on their website. In Atlanta, it typically takes around 115 days to sell a home on the market using an agent. Financing contingency. 1% to 3% of sale price on top of commission.

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6 of the Top We Buy Houses for Cash Companies in Colorado Springs

HomeLight

That includes an average of 41 days listed on the market until a signed contract, at least in December 2022, according to the Colorado Association of Realtors. That’s a 173% increase from December 2021, which saw an average of 15 days on market, statistics show.)