{"id":569,"date":"2013-03-20T21:22:30","date_gmt":"2013-03-20T21:22:30","guid":{"rendered":"http:\/\/blog.moreloans4u.com\/?p=569"},"modified":"2018-05-23T23:32:34","modified_gmt":"2018-05-24T05:32:34","slug":"more-than-one-third-of-homes-selling-within-2-weeks-of-being-listed","status":"publish","type":"post","link":"https:\/\/www.moreloans4u.com\/blog\/more-than-one-third-of-homes-selling-within-2-weeks-of-being-listed\/","title":{"rendered":"More than 1\/3 of homes are selling within 2 weeks of being listed"},"content":{"rendered":"

\"Mortgage<\/a>Last month more than one-third of homes listed were sold within two weeks, according to the recent monthly housing report from Redfin<\/a>.<\/p>\n

The report covered 19 different metro areas across the country and revealed that on average, 34% of homes were under contract within 14 days of being listed. This was an increase from January’s 30.3%.<\/p>\n

Some metro areas, especially in California, saw even higher numbers. San Jose for example, saw 63% of homes selling within two weeks of being listed.<\/p>\n

The report also touched upon one of the main pains most Agents have been feeling… The fact that inventory had fallen by 32% over the past year. However, it DID rise 1.1% in February compared to January 2013.<\/p>\n

As a result of the low inventory, home prices were up 13.2% compared to this time last year and sales were up just 2.3% in that same time time span.<\/p>\n

 <\/p>\n

Have you been seeing an incredible turnaround time with your listings?<\/strong><\/p>\n

 <\/p>\n

 <\/p>\n

Source: Analysis from Redfin based on local databases used directly by real estate agents to list properties and record sales.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last month more than one-third of homes listed were sold within two weeks, according to the recent monthly housing report from Redfin. The report covered 19 [\u2026]<\/span><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[97,104,106,207,225,289,292],"class_list":["post-569","post","type-post","status-publish","format-standard","hentry","category-mortgage-industry-news","tag-home-sales","tag-housing-market-trends","tag-housing-trends","tag-moreloans4u","tag-mortgage-marketing","tag-real-estate-news","tag-real-estate-trends"],"yoast_head":"\nMore than 1\/3 of homes are selling within 2 weeks of listing | MoreLoans4U<\/title>\n<meta name=\"description\" content=\"Last month more than one-third of homes listed were sold within two weeks, according to the recent monthly housing report from Redfin. 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