days on market: What's does "Days on Market" really indicate?
- 03/06/11 06:46 AM
You scroll through the multiple listing information, watch virtual tours, click on Google Earth to check out the street view and everything about the home fits your needs. Then, you see that number, the "Days on Market" number, and find out the home has been on the market for 160 days! Your mind races, what's wrong with this house, is it priced too high, why hasn't anyone snagged this great deal? Its amazing the perceptions that can be created from the number of days a home has sat on the market. As a buyer its easy to assume the worst, … (6 comments)
You scroll through the multiple listing information, watch virtual tours, click on Google Earth to check out the street view and everything about the home fits your needs. Then, you see that number, the "Days on Market" number, and find out the home has been on the market for 160 days! Your mind races, what's wrong with this house, is it priced too high, why hasn't anyone snagged this great deal? 
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