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Home Selling in 11570 : Real Estate Advice

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Activity 2
Thu Aug 28, 2014
Robert Adams answered:
you have to be careful looking at DOM nowadays. Before all the short sales hit the market this was a more accurate indicator of the market. However, since short sales came into play DOM is not as relevant. If a short sale is escrow for 6 months while the listing agent and seller negotiate with the bank for the short sale pay off then this would drastically increase the DOM average. ... more
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