contracts Archive

29 Percent of Sales Contracts in November 2016—January 2017 Had a Delayed Settlement

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the past three months, think of your most recent sales contract that was either settled/closed or terminated. Please explain how the deal concluded (settled, delayed,...

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:...

64 Percent of Contracts Were Settled on Time

In reporting on their last contract that went into settlement or was terminated over the period June–August 2016, respondents indicated that 64 percent of contracts were settled on time, 30 percent had delayed settlement, and six percent were terminated,...

Contract Settlement Issues in February-April 2016: Financing, Home Inspection, and Appraisals are Major Issues

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the past three months, think of your most recent sales contract that was either settled/closed or terminated. Please explain how the deal concluded. What...

Contracts Typically Settled in 41 Days in March 2016

Among contracts that closed in March 2016, the median number of days to close a contract was 39 days, slightly up from 36 days in July 2015 when NAR first started tracking this information in this survey, according to...