What’s the difference between the speed of the market and days on the market?
In this example, it’s called expected market time. Anyways, it shows cooling off a bit, which is attributable to mortgage rates up this week.
SD inventory was up 4% week over week, and demand was down 5%. Expected Market Time increased from 46 to 51 days.
GET UP TO 5 CASH OFFERS IN 3 MINUTES!*
George Lorimer, ProWest Properties, DRE# 01146839, *Conditions apply. Not all properties qualify.
In this example, it’s called expected market time. Anyways, it shows cooling off a bit, which is attributable to mortgage rates up this week.
SD inventory was up 4% week over week, and demand was down 5%. Expected Market Time increased from 46 to 51 days.
GET UP TO 5 CASH OFFERS IN 3 MINUTES!*
George Lorimer, ProWest Properties, DRE# 01146839, *Conditions apply. Not all properties qualify.
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