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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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The Real Estate Standoff: Existing Home Sales are Up, Despite Reluctant Sellers

Broke Agent Media

Skylar Olsen Zillow Chief Economist Key housing market indicators for February 2023 NAR’s latest report highlighted the following stats for key market indicators: The median existing home price —for all housing types—fell 0.2% Of all the homes sold in February, 57% of them spent less than a month on the market.

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Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Realty Biz

“Although top sales marks are still being achieved, higher rates are starting to restore balance to the market. Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. month supply at the current sales pace, up from 2.2 Unsold inventory sits at a 2.6-month

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

With the reopening of its economy, the Las Vegas real estate industry is looking forward to how the business can be conducted in the wake of the new normal. On the positive side, the national housing market 2020 has already bounced back faster than anticipated from the damage caused by the COVID-19 pandemic. year-over-year.

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

To help us understand both buyer’s and seller’s markets, we spoke with top real estate agent Kim Rock. The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. A flood of homes for sale gives homebuyers more options to choose from.

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NAR Reports Existing Home Sales Are Down, But Steve Harney Remains Optimistic About Opportunities

Broke Agent Media

Seventy-three percent of existing homes sold in April spend less than a month on the market. Individual investors or second-home buyers , who are responsible for many of those all-cash sales, bought 17% of the homes sold in April, identical to the previous month and to April 2022. Email Subscribe

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Preforeclosure and short sales are more common. These are early-stage distressed homeowners, because it typically takes nine months to a year for a bank to foreclose on a home, clean the title, and place it back on the market. Affordability, along with new industry and jobs, has made the area an attractive place to live.

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