Buyers: Days On Market Not Always a Red Flag

Posted by: najirashid on Wednesday, February 6th, 2008

Several years ago, a home listed for sale developed a stigma if it didn’t sell within a month or two. Today, many sellers have homes listed that have been on the market for six months or longer. In fact, it’s so commonplace for it to take a significant time to sell a house that it is no longer a disgrace if a listing doesn’t sell right away. Because of the large supply of houses for sale even good properties are accumulating a lot of days on the market. Don’t let the amount of days a property has been on the market stop you from viewing it. You could miss out on a gem!

 

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