closings Archive

EHS in 2016 by the Numbers – Part 4 – Contracts

This blog post was written by Managing Director of Housing Research, Danielle Hale, and Data Analyst, Hua Zhong. Home listings went under contract slightly more often on Mondays followed by Fridays and Tuesdays in 2016.  Here is the data:...

EHS in 2016 by the Numbers – Part 2 – Least Common Closing Dates

This blog post was written by Managing Director of Housing Research, Danielle Hale, and Data Analyst, Hua Zhong. You probably know that home closings slow down during the holidays and the earlier part of the week. Here is the...

EHS in 2016 by the Numbers – Part 1 – Popular Closing Dates

This blog post was written by Managing Director of Housing Research, Danielle Hale, and Data Analyst, Hua Zhong. You probably know that home closings predominate on Fridays and the end of the month. Here is the data to back up...

Closing Delays Ease in September

After peaking at 3.9 days in August, delays in the settlement process eased in September. The difference in time to settle a sale eased relative to last year by 3.4 days. Settlement delays surged in wake of Brexit as...

TRID: A Year Later

A year after implementation of the Know Before You Owe rule, many REALTORS® expressed both support, but also frustration. The TILA-RESPA Integrated Documentation (TRID) or Know Before You Owe rule went into effect on October 3rd 2015. In early...