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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Assumable mortgage. Amortization.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

If you need to finance the home with a mortgage, there are a few options you should consider: Hard money loans: These are loans from private lenders for short periods of time — they can come with higher interest rates and can be risky for inexperienced investors. That limits your risk and your days on market. Wise agrees.

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Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

In the past month, houses in the Philadelphia metro area sold for higher prices and that is mainly due to low mortgage rates and tight inventory. 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.

Marketing 126
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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. For buyers, the mortgage rates are still low as compare to last year. Existing SFR Home Sales were up by 47.9% year-over-year.

Marketing 126