During the month of November in 2013, homes went into escrow or backup status rapidly–indicating that homebuyers are moving a little faster in the fall of 2013.
According to Redfin in their recent Real-Time Fastest Markets report, 27.2% homes in 23 US metros went under contract within two weeks of being listed in the month of November. This is a higher rate than in October 2013, which was at 26.9%; and higher still from a year ago in November 2012 (which was at 23.4%).While the number of homes selling within two weeks was slightly up, Redfin also reported an increase in the median number of days a home spent on the market—from 31 days in October to 34 in November.
Read DSNews.com’s article here: “Homes’ Days-on-Market Remain Low in November”.
Contact me at (714) 914 9060 or email@example.com for all you real estate wants and needs.
Latest posts by Renee West (see all)
- LandmarkPromontory Location facing the coveted center turning basin in the Newport Harbor. 18 Harbor Island Drive , asking $59,995,000. Contact Renee West for your personal view, 714-914-9060. - July 14, 2018
- READY TO MOVE-IN HOME TWO HOUSES FROM PACIFIC OCEAN. LISTED AT $5,225,000. CONTACT BROKER, RENEE WEST AT 714-914-9060. - July 11, 2018
- FULL SERVICE, COMPLETELY RE-DONE CONDO. UNOBSTRUCTED VIEWS FROM THE PACIFIC OCEAN TO CENTURY CITY! OFFERED AT $1,345,000. - July 7, 2018