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Ever wonder how distressed properties fare in terms of their cumulative days on market (CDOM) versus traditional listings?
RMLS™ tax data guru Kim Hutchinson has been tracking CDOM on RMLSweb since July 2009 and as a follow-up to last week’s release of the Q1 2015 residential distressed properties infographics, we put his collected monthly records into graph form.
Enjoy!
Is the “other” line regular properties?
Everything that’s not either bank-owned or a short sale.