Closing Time: Difference between revisions
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=Selling= | =Selling= | ||
*61 days at $430k in 2024 [https://www.marketplacehomes.com/blog/selling-homes/how-long-does-a-house-stay-on-the-market-in-2024/] | *61 days at $430k in 2024 [https://www.marketplacehomes.com/blog/selling-homes/how-long-does-a-house-stay-on-the-market-in-2024/] | ||
=Closing= | |||
*42 days - average [https://www.cnbc.com/select/how-long-does-it-take-to-close-on-a-house/#:~:text=How%20long%20does%20closing%20take,can%20speed%20up%20the%20process.] | |||
=Strategy= | |||
*It is always, always better to make your best “pitch" on your home to begin with because you will never get as much action and tours as you do in the first 30 days. - [https://www.quora.com/Is-60-days-a-long-time-for-a-house-to-be-on-the-market] | |||
=Cost= | |||
*Inflation-adjusted home prices are now more than 2x what they were in 1965. WTF? Click on source for actual numbers - mouse-over the graph. | |||
[[Image:home prices.png]] | |||
Source: [https://fred.stlouisfed.org/series/MSPUS] | |||
Latest revision as of 21:06, 27 April 2024
Selling
- 61 days at $430k in 2024 [1]
Closing
- 42 days - average [2]
Strategy
- It is always, always better to make your best “pitch" on your home to begin with because you will never get as much action and tours as you do in the first 30 days. - [3]
Cost
- Inflation-adjusted home prices are now more than 2x what they were in 1965. WTF? Click on source for actual numbers - mouse-over the graph.
Source: [4]