closings Archive

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...

Settlement Delays Edge Upward

Delays in the time-to-close, the time from when a listing goes under contract to settlement of the deal, rose for the second consecutive month. Delays are measured by comparing the time-to-close this year with the same time frame a...

EHS in 2015 by the Numbers – Part 4 – Contracts

This blog post was written by Managing Director of Housing Research, Danielle Hale, and Data Analyst, Hua Zhong. You probably know that recent home listings went under contract slightly more often on Mondays followed by Tuesdays, and Fridays. Here is...

EHS in 2015 by the Numbers – Part 3 – Popular Listing Dates

This blog post was written by Managing Director of Housing Research, Danielle Hale, and Data Analyst, Hua Zhong. You probably know that home listings go up most often on Thursdays and Fridays. Here is the data to back up your...