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Xactus targets lenders through active listing data

Housing Wire

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood.

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The 2023 Housing Market: A Look Ahead

Housing Wire

Short sales are unlikely to reemerge unless there is a serious deterioration in borrowers’ ability to pay their mortgages. . The last time we saw prices decline, the combination of declining prices and bad mortgages forced inventory onto the market.

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Think US home prices are high? At least we aren’t Canada

Housing Wire

The days on market grow, which gives people more choices and less forced bidding. Home prices cooled down, and the days on the market grew. A lot of mortgage debt went away due to foreclosures and short sales, bringing home prices way down. The growth rate of home prices slows down.

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Why home-price growth is still up 18% year over year

Housing Wire

From Realtor.com : Even with demand weakness in recent months, days on market are still low. Because total inventory data is still low historically, the days on the market are not growing, year over year, per the last two existing home sales reports. From Redfin. However, not to the degree we saw from 2005-2008.

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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. For that, you can look at days on market data and their transaction history.

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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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Trying to Sell Your House in 7 Days?

HomeLight

However, if you aren’t in a hot market, selling fast may take extra effort. Here’s how to sell fast on the open market: Step 1: Find an agent who has a low days on market average. To spot a fast-selling agent, check their record for typical days on market (DOM). Targeting strategic advertising times.