Marco Santarelli

MARCH 15, 2021

Day On Market. In a market that is considered “balanced,” the housing market predicts that the average days on market (DOM) for a home is 65 days. In Philly, the average was 41 days, showing a strong favorability to sellers. You simply cannot evict someone to renovate the property.

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HomeLight

MARCH 31, 2021

With these restrictions, builders prefer to build large luxury homes or residential complexes instead of more affordable multi-family housing that could accommodate more people on the same plot of land. And in extreme cases, communities bent on preserving open land struggle with balancing conservation and demand for housing.

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Marco Santarelli

JULY 22, 2024

Understanding Real Estate Investment Real estate investing encompasses purchasing physical property like residential homes, commercial buildings, or land, with the goal of generating income or appreciation over time. To safeguard your investment: Analyze Market Trends : Keep an eye on home prices, days on market, and inventory levels.

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Marco Santarelli

SEPTEMBER 5, 2020

Days on market were down -8 days year-over-year while month-over-month were down -1 days. Phoenix Real Estate Market Forecast 2020 – 2021. What are the Phoenix real estate market predictions for 2020? Suppose you buy a house to renovate and rent out. Renovation. year-over-year.

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Marco Santarelli

JANUARY 1, 2021

Strong Rental Market – Over 50% of the population rents. Fully renovated single-family homes with great ROI. The Columbus Ohio housing market is seeing steady growth due to slow population growth. There is a great demand for older, renovated homes in established, walkable neighborhoods. High private sector employment.

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Marco Santarelli

APRIL 29, 2021

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. It recently became the tenth-largest city in the United States, with over a million people, but only about 40% of its land area is developed.

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HomeLight

APRIL 28, 2023

Fast Facts About Selling a House in Texas Median sales price $334,400 (February 2023) Average days on market 56 days (February 2023) Are FSBO yard signs allowed? San Antonio landed the #2 spot, largely due to its large amount of clay soil, which tends to shift and settle. Is a real estate attorney required? HVAC problems.

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Marco Santarelli

JULY 24, 2020

First of all, the entire state of California has a consistent housing shortage due to limited land. Median Days on Market equaled 19. . San Francisco Real Estate Market Forecast 2020 – 2021. and it is one of the most expensive housing markets in the country. Keep on reading to find out more. from a year ago.

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HomeLight

APRIL 21, 2023

Flippers and “ we buy houses ” companies will often look for houses that need renovation. They will buy homes, condos, and land in any condition and price, and typically close within seven to 14 days without requiring repairs. No repairs needed: You can sell your home as-is , in most cases, with no repairs or renovations.

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Toronto Realty Blog

JANUARY 24, 2022

In theory, we could have seen a property listed on December 30th with an “offer date” of January 6th, but I believe that in practice, a generalization that “most of these properties were stale listings” is fair, given the average days on market , which comes in at a whopping 38.4 , compared to a paltry 4.8

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HomeLight

MAY 24, 2022

If the drainfield is installed where the land slopes excessively, a high water table exists, or the soil isn’t permeable, it can result in hydraulic failures and even contamination of water sources. 1,200 to $4,500 for excavation and land prep. Potential for More days on market. 400 to $2,000 for permitting.

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Marco Santarelli

FEBRUARY 4, 2021

But this didn’t stop the real estate market from remaining strong. The sheer demand for housing led many investors to snap up flooded properties for remediation and renovation. Looking at the current statistics, what is the Houston real estate market forecast for 2021? By the time 2017 drew to a close, buyers closed on 3.5%

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HomeLight

APRIL 26, 2023

Pros: Fast closing: A cash sale is significantly faster than a traditional mortgage-backed home purchase, often allowing you to close in as few as three to 10 days. No repairs needed: You can sell your home as-is , in most cases, with no repairs or renovations. No fees or commissions: Many cash buyers will cover closing costs and fees.

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Marco Santarelli

OCTOBER 2, 2020

On average, homes in Atlanta, GA sell after 60 days on the market. The trend for median days on market in Atlanta, GA is flat since last month., Atlanta Housing Market Prices & Trends 2020. As an investor, you can buy a fully renovated turnkey rental property in Atlanta. and flat since last year.

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Realtor.com

JULY 19, 2021

Many landed in upscale Montclair, NJ. She cited one house for sale in her neighborhood that was listed for $100,000 more than what the seller paid for it two years ago, despite having made no renovations. Aiming too high could turn off buyers and lead to more days on market. Median list price: $829,050.

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Housing Wire

APRIL 4, 2025

I remember when I couldnt find a house in Colleyville, but now we have over 80 on the market and the days on market is close to two months, Nichols said. Im praying the market picks up this spring. The market is just weird right now. The demand for land is going to drop, he said.

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