HomeLight

OCTOBER 28, 2024

You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. This is directly connected to what you’ll walk away with after covering your mortgage balance and other obligations tied to your home, including selling costs.

Pre-approval 110

Pre-approval Debt-to-income ratio Equity Loans 110

Housing Wire

OCTOBER 20, 2023

To demonstrate this, share regular updates with posts that include stats, such as the average sale prices in your city or in desirable neighborhoods, the number of active listings, the average days on market, and more. Staging ideas There’s a science to staging, but a lot of people don’t know that.

Agents 434

Agents Lending Staging Renovation 434

Marco Santarelli

FEBRUARY 28, 2025

Zillow's Methodology: How They Predict the Heat Their “hottest market” ranking isn't just a guess; it's based on a sophisticated index that takes several factors into account: Forecasted Home Value Appreciation: This looks at how much Zillow expects home values to increase over the coming year. Shorter times suggest high demand.

Marketing 92

Marketing Pre-approval Land Staging 92

BAM Media

AUGUST 2, 2024

As sellers continue to list homes and buyers become choosier, the time a home spends on the market is extending, thereby helping the housing market move in a more buyer-friendly direction. Those 50 days on market, though, are still eight days shorter than the typical days on market for homes this time of year between 2017 and 2019.

Days on market 96

Days on market Staging Sales Mortgages 96

BAM Media

SEPTEMBER 5, 2024

In response, sellers are curbing expectations and reducing listing prices more often which could set the stage for more sales this fall, especially if mortgage rates continue to decline.” ® Rise in Price Reductions and Days on Market The percentage of homes with price reductions increased to 19.2% in August, a 3.1%

Days on market 98

Days on market Staging Marketing Industrial 98

Redfin

MARCH 7, 2025

. “Sellers who list their home competitively at or just below-market value will likely receive multiple offers. But sellers who price above market value will inevitably have to drop their price,” says Fairweather. In a buyers market, buyers should be able to negotiate for lower prices and better terms.”

Sales 59

Sales Purchase and sale agreement Pre-approval Agents 59

HomeLight

AUGUST 20, 2021

We’ll connect you to the three top real estate agents in your area based on transaction data like average list to sale price, days on market, and client reviews. When you sell to a cash buyer, you can skip the cleaning, staging, and showings. Want to skip the stress-inducing stages of a traditional sale.

Staging 116

Staging Renovation Agents Inspection 116

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). How it might take 12-75 days to sell your home. What do days on market mean? Average Days in 2021.

Purchase and sale agreement 105

Purchase and sale agreement Home sale contingency Title search Inspection 105

HomeLight

DECEMBER 2, 2021

One item of note: We don’t include your mortgage loan payoff in our cost estimate, so keep in mind that you have to pay off any outstanding home loan balances when you sell. Home staging and preparation. For example, a seller could entice a buyer by offering to pay for some or all of the buyer’s mortgage fees at closing.

Seller concession 122

Seller concession Staging Inspection Renovation 122

HomeLight

FEBRUARY 13, 2024

Evaluate their marketing plan: A good agent will have a clear, comprehensive marketing plan for your home. This should include professional photos, online listings across multiple platforms, open houses, and possibly staging services. Ask how they plan to make your home stand out in a competitive market.

Staging 113

Staging Inspection Agents Sales 113

Marco Santarelli

OCTOBER 3, 2023

Home prices have seen a slight decrease compared to the previous year, yet the market remains relatively competitive. Several factors contribute to the present state of the Little Rock housing market. Days on Market and Neighborhoods On average, homes in Little Rock, AR sold after 34 days on the market.

Marketing 98

Marketing Pre-approval Days on market Commercial 98

HomeLight

DECEMBER 30, 2020

Before you contact a real estate agent, check your equity to know where you stand with your mortgage. If your mortgage is underwater , you’ll need to pay the difference between the sale price and what’s owed on your mortgage, as well. Outstanding mortgage balance ($300,000). =. closing costs and agent commission).

Agents 105

Agents Equity Staging Renovation 105

HomeLight

MARCH 7, 2025

There’s the “as-is” where the seller knows they have a very marketable piece of property, and they just want a clean contract all the way through closing, says Ryan Hvizda , a top-selling real estate agent in New Hampshire and an expert in the single-family homes market. MLS has a field to mark a listing as is?

As-is 52

As-is Inspection Finance Investor 52

HomeLight

DECEMBER 1, 2021

We also did some digging to find out the average number of days houses are staying on the market, why, and what can be done to shorten that time. The DOM (days on market) factor. DOM can signal market liquidity. In a buyer’s market where inventory exceeds demand , days on market are expected to increase.

Marketing 111

Marketing Days on market Agents Fixed-rate mortgage 111

Marco Santarelli

FEBRUARY 17, 2025

The Numbers Don't Lie: A Deeper Dive into the Data Let's break down some of the key data points that highlight Manchester's hot market status: Median List Price: $579,000 in January (a nearly 4% increase from the previous month). Days on Market: 46 days , significantly lower than the national median.

Marketing 52

Marketing New Construction Construction Sales 52

HomeLight

SEPTEMBER 1, 2022

Typically, the better the score, the greater your chances are of qualifying for an affordable mortgage. These are often loans in the form of a second mortgage with their own interest rates and payback requirements. of the mortgage loan amount. of the mortgage loan amount. Shop for a mortgage and get preapproved.

Earnest money deposit 115

Earnest money deposit VA loan Loans FHA loan 115

HomeLight

SEPTEMBER 27, 2022

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. That includes real estate agent commission, escrow, and assorted fees (some of which are negotiable with the buyer) but does not include mortgage payoff.

Seller concession 98

Seller concession Closing costs Homeowner’s association Title 98

First Team Real Estate

NOVEMBER 3, 2020

We market directly to hundreds of thousands of local clients in our buyer follow-up system and match them up with their dream home. Can you show me examples of the photography and marketing you provide? Professional photography builds buyer emotion, minimizes your days on market, and maximizes your home’s price.

Agents 98

Agents Marketing Staging Renovation 98

HomeLight

AUGUST 20, 2021

Mortgage payoff. About 66% of residential properties in Connecticut are owner-occupied , and 68% of those homes have outstanding mortgage debt. This means that most Connecticut home sellers need to pay their remaining mortgage balance before transferring the property title to a buyer. Loan reconveyance fee. Recording fees.

Closing costs 111

Closing costs Closing Title search Title 111

Realty Biz

JANUARY 19, 2024

Stage your home to showcase its best features and create an inviting atmosphere for potential buyers. Remember: Professional staging and photography help create authentic first impressions during open houses or showcase viewings. Factors that affect the spring real estate market include location, mortgage rates, and inventory.

Sales 107

Sales Staging As-is Agents 107

Marco Santarelli

FEBRUARY 19, 2025

The California housing market is feeling the pinch of elevated mortgage rates, leading to a slowdown in home sales. While the market is showing signs of adjusting, with increased listings, the effect of these rates continues to be a major factor in the state's real estate dynamics. Elevated mortgage rates. percent jump.

Mortgages 52

Mortgages Marketing Pre-approval Sales 52

Marco Santarelli

MAY 18, 2024

However, this surge still falls short, lingering approximately 20% below pre-pandemic levels , primarily because many homeowners are reluctant to sell, buoyed by the allure of historically low mortgage rates secured during the pandemic. which is a seller's market. Here are some key takeaways: The median sale price increased by 14.0%

Sales 98

Sales Mortgages Closing Marketing 98

HomeLight

AUGUST 25, 2020

Every house, every market, and every individual sale will vary in terms of days on market and closing timelines. In fact, 24 days from list to offer is pretty swift, historically speaking. In the current pandemic climate, some closings have dragged on more like 60 days. Your sale could be different.

Closing 122

Closing Pre-approval Inspection Days on market 122

Realty Biz

AUGUST 4, 2022

I imagine people might be afraid of rising mortgage rates, frustrated by lack of inventory, confused about contingencies, and discouraged by days on market. We don’t talk about a market downturn or bubble; we refer to the shift in the market and what we’re seeing as a result of the shift.

Marketing 88

Marketing Staging Days on market Finance 88

HomeLight

DECEMBER 15, 2022

In the last few years, the housing market has featured dramatic price hikes and rapid home sales. However, as the Fed attempts to fight back inflation, mortgage rates have marched to recent highs — with the average 30-year fixed mortgage leaping from 2.68% in December 2020 to the 6%-7% range in December 2022. While the 0.5%

Marketing 104

Marketing Mortgages Agents Equity 104

HomeLight

JULY 28, 2022

Mortgage rates. A solid pricing strategy based on a comparative market analysis including charts, specifications, and photographs of comparable houses in your area. Marketing services including staging , professional photography, arranging exclusive previews for other brokers, virtual tours, and coordinating open houses.

Staging 111

Staging Closing costs Agents Closing 111

HomeLight

JULY 25, 2022

Deduct your outstanding mortgage balance and any costs of selling you incurred (such as real estate commission, closing costs, title fees, repairs, prep, and staging). Gore recommends forming a team, consisting of a real estate agent, your mortgage broker, and a CPA. Mortgage payoff (varies). It’s worth the cost.”.

Closing costs 111

Closing costs Equity Short sale Agents 111

The Close

APRIL 30, 2024

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. But it’s critical to dig deeper.

Agents 98

Agents Short sale Staging Sales 98

HomeLight

OCTOBER 30, 2020

First, determine where you stand on your mortgage by calculating your home equity — the current value of your home minus what you owe on your loan. Then, calculate your home equity by subtracting your outstanding mortgage balance from your estimated home value. How do you handle prep work and staging? Off White by Behr.

Staging 103

Staging Agents Equity Inspection 103

HomeLight

DECEMBER 14, 2021

Experienced agents should, at a minimum, be able to recommend the following: a lawyer specializing in real estate, mortgage advisor, insurance agent, handyworker, home stager, house cleaners, and moving companies. What are the average days on market for your listings? Start getting rid of clutter now. Find a local agent now.

Agents 126

Agents Days on market Short sale Closing 126

HomeLight

JUNE 8, 2021

And that doesn’t account for the weeks needed to clean, paint, and tidy up the property for its market debut. If you don’t have the patience for this timeline, including the 49 days you’ll spend waiting for a traditional buyer’s mortgage to wrap, you’ll need to get creative with your plans. Thankfully, you do have options.

Short sale 111

Short sale Sales Agents Days on market 111

HomeLight

MARCH 31, 2022

Average days on market : 36 (April 2022). Step 3: Declutter, clean, stage, and add curb appeal. You may also want to consider strategically staging your home so that buyers can envision how each space could be used. No repairs, no staging, no open houses. Fast Fasts for Selling a House in Arizona. Disclosures: .

Purchase and sale agreement 110

Purchase and sale agreement Inspection Inspection contingency MLS 110

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Average days on market : 46 (November 2022). Step 3: Declutter, clean, and stage your home.

Purchase and sale agreement 115

Purchase and sale agreement Inspection Inspection contingency MLS 115

HomeLight

MARCH 30, 2021

Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? Getting a mortgage prequalification and preapproval helps to ensure you won’t be overextended financially.

Due diligence 105

Due diligence Inspection Title Pre-approval 105

Marco Santarelli

FEBRUARY 25, 2023

Median Days on Market The median days on market for homes in Cape Coral, FL was 80 days in January 2023. This means that on average, homes take about 80 days to sell. The trend for median days on market in Cape Coral, FL has gone down since last month, and slightly up since last year.

Marketing 98

Marketing Investor Days on market As-is 98

The Close

FEBRUARY 20, 2024

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. Traditionally, the number of days on market is low.

Marketing 98

Marketing Debt-to-income ratio MLS Pre-approval 98

HomeLight

DECEMBER 9, 2021

The homeowner can ask their mortgage holder for a short sale, which would allow them to sell the home for less than they owe on the mortgage, and — depending on the situation — the lender might forgive the rest of the balance. Then, I’ll make sure they service the septic system and go around to do some simple staging,” Townsend says.

Sales 105

Sales Short sale Agents Pre-approval 105