Posted To: Pipeline Press

“Adam and Eve were the first people not to read the Apple terms and conditions.” Who has actually read their phone’s manual? Technology marches on, with or without us. Two major public home builders, Taylor Morrison and PulteGroup, recently piloted programs where buyers can choose, design, and finance a new home virtually and add it to their shopping cart. A Realtor pal in Marin sent a note on days on the market of existing homes. “In May 2020, the average was 47 versus May 2021’s 26. It is difficult to see how it could get any lower than that. MLS stops counting days on market once a home goes pending, and most homes are still being financed, and loans take a while to get approval, usually 20 days or so. So if the home is on market 7 days before offers are taken…(read more)

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Source: Mortgage News Daily